Recovery of damages under Rule 10b-5 requires proof of:
A) reliance on a misstatement or omission.
B) materiality.
C) connection with the purchase or sale of a security .
D) All of these.

Question

Quizplus · Accepted Answer

All of these options (reliance on a misstatement or omission, materiality, and connection with the purchase or sale of a security) are required elements for proving a claim under Rule 10b-5, which addresses fraud in connection with the purchase or sale of securities.

Recovery of Damages Under Rule 10b-5 Requires Proof Of