SEC Rule 10b-5 prohibits the commission of fraud in connection with the purchase or sale of securities.

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SEC Rule 10b-5 prohibits the commission of fraud in connection with the purchase or sale of securities. The key to liability under this rule is whether

a. the person making the statement was an insider;

b. the person making the statement was a licensed stockbroker;

c. the information misrepresented or omitted is material;

d. all of the above.

Related Book For answer-question

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Dec 02, 2023 10:44 AM

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SEC Rule 10b-5 prohibits the commission of fraud in connection with the purchase or sale of securities.

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Smith and Roberson Business Law

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