In the case of Securities and Exchange Commission v.Texas Gulf Sulphur the corporation could be prosecuted despite the First Amendment because its news releases were
A)political speech.
B)vulgar speech.
C)financial-related expression.
D)incitements to violence.

Question

Quizplus · Accepted Answer

The best choice is C) financial-related expression. In Securities and Exchange Commission v. Texas Gulf Sulphur, the corporation was prosecuted for its news releases that contained misleading information about their company's financial status. The First Amendment does not protect false or misleading speech related to financial matters.

In the Case of Securities and Exchange Commission V