Congress Has Specifically Exempted Municipal Securities from Both the Registration

Congress has specifically exempted municipal securities from both the registration requirements of the Securities Act of 1933 and the periodic reporting requirements of the ________. When there was a significant expansion of the federal securities in 2002 with the passage of the ________.

A) Municipal Exchange Act of 1934; Sarbanes-Oxley Act
B) Securities Act Amendment of 1975; Sarbanes-Oxley Act
C) Sarbanes-Oxley Act of 1995; Securities Exchange Act
D) Securities Exchange Act of 1934; Sarbanes-Oxley Act

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