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Compare And Contrast The Securities Acts Of 1933 And Securities Exchange Act Of 1934

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Compare And Contrast The Securities Acts Of 1933 And Securities Exchange Act Of 1934
The securities acts of 1933 and Securities Exchange Act of 1934 prohibit several acts. First, the use of any device, scheme or artifice to defraud, the making of an untrue statement of facts material to the buying and selling of securities, the omission of information would result in a misleading statement, and acts that operate to defraud or deceive the stock purchaser. The hardest element to prove is the intent of the act. It is difficult for prosecutors to prove a criminal specific intent beyond a reasonable doubt. For example, if a company owner doesn’t report correct information to shareholders. It could be difficult for a prosecutor to prove that they did this purposefully or it was just an honest mistake.
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