What is the purpose of registering securities


Problem:

Question 1) Analyze why you think that the Securities Act of 1933 allows for an exemption to a nonprofit educational organization?

Question 2) The state, based on their securities regulations, could require non profit Universities to register. Why would the state require this, if the federal regulations don't?

Question 3) What is the purpose of registering securities before they are offered for sale?

Provide thorough explanation of the given question.

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