The basic purpose of the securities laws in the United States is to regulate the issuance of investment securities by:.A. Providing a regulatory framework in those states which do not have their own securities laws.
B. Requiring disclosure of all relevant facts so that investors can make informed decisions.
C. Prohibiting the issuance of securities which the Securities and Exchange Commission determines are not of investment grade.
D. Channeling investment funds into uses which are economically most important.
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