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C is corrent because in order to establish damages under the Securities Act of 1933, the plaintiff must establish that he has acquired the securities in question. There is no requirement under the Act that fraud or negligence be proven as long as there is a misstatement of a material fact or the omission of a material fact present in the registration statement.
A is incorrect because there is no requirement under the Act that fraud or negligence be proven as long as there is a misstatement of a material fact or the omission of a material fact present in the registration statement.
B is incorrect because the Act does not require that the securities be purchased from an underwriter in order for the purchaser to maintain an action for damages.
D is incorrect because the antifraud section of the Act applies to the sale of all securities in interstate commerce regardless of whether the filing of a registration statement was required.