Question

Who amongst the following is an "expert" under Section 11 of the Securities Act of 1933?

A. A consultant who is an independent director of a company making a public distribution of securities.

B. An auditor who issues an opinion regarding financial statements of a company making a public distribution of securities.

C. An accountant in the accounts division of a publicly traded company which is issuing new securities to the public.

D. An underwriter who is involved in issuance of new securities to the public by a publicly traded company.

Answer

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