The SEC Rule 10b-5 deals with
A)Fraud in the purchase or sale of securities.
B)Penalties for willfully and knowingly violating the Securities Exchange Act of 1934.
C)The use of the "due diligence" defense to avoid liability.
D)Integrated disclosure system for annual reports.

Question

Quizplus · Accepted Answer

The SEC Rule 10b-5 concerns fraud in the purchase or sale of securities, including making false statements or omissions of material facts, insider trading, and other deceptive practices. It prohibits any act or practice that would deceive investors and manipulate the market.

The SEC Rule 10b-5 Deals with