whiCh oF thE Following is not truE ABout FEDErAl lAws
A．FEDErAl lAws ArE EnForCED By thE sECuritiEs AnD ExChAngE Commission.
B．FEDErAl lAws Apply to sECuritiEs listED on thE nAtionAl sECurity ExChAngEs.
C．FEDErAl lAws Apply to mutuAl FunDs AnD All oF otC stoCks.
D．FEDErAl lAws rEquirE thE rEgistrAtion oF nEw sECuritiEs.