Only purchasers and sellers of securities can sue under Section 10(b) and Rule 10b-5.

Name: Only purchasers and sellers of securities can sue under Section 10(b) and Rule 10b-5.
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Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 prohibit fraudulent activities related to the purchase or sale of securities. As such, only purchasers and sellers of securities have standing to sue for violations of these provisions.

Only Purchasers and Sellers of Securities Can Sue Under Section