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Which of the following statements is correct with respect to the Securities Exchange Act of 1934? A. Issuers whose securities are registered under the Act are required to comply with its reporting requirements. B. The antifraud provisions of the Act do not apply to issuers of securities that are exempt from the Act’s registration requirements. C. The Act subjects all issuers of securities to its registration requirements if the issuer has more than $2.5 million of assets or more than 250 shareholders. D. The Act applies only to issuers whose securities are traded on a national securities exchange. |