Ace Technologies, Inc., wants to issue securities for sale to the public. With respect to this issue, the essential purpose of the Securities Act of 1933 is to

require disclosure of all essential information concerning the issuance of securities.

Explanation:

The Securities Act of 1933 was considered the first federal legislation which is used to regulating the stock market. This act took the power away from the states and it gave the powers to the federal government. The Securities Act also created an uniform set of rules which is used to protect the investors against any kind of fraud. President Franklin D gave his assent to this act.

In the context, if Ace Technologies wants to issue securities to the general public for sale, Ace Technologies should disclose all the essential information about the issuance of the securities according to the Securities Act of 1933.

decentralization can the employees to get more involved in the business decision making

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