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Read the following scenario and answer the question below.
On a September day in 1999, folks began to notice that Lake Jackson in the panhandle region of northern Florida was shrinking. Within a few days, it was almost gone. A sinkhole had opened beneath the lake and drained it, along with all of the fish and alligators.
As aquifers lose water, their substrates can become weaker and less capable of supporting overlying strata and any human structures built upon them. In such cases, the land surface above may subside. Sometimes subsidence can occur locally and suddenly, in the form of sinkholes, areas where the ground gives way with little warning. Once the ground subsides, soil becomes compacted, losing the porosity that enabled it to hold water. Recharging a depleted aquifer may therefore become more difficult.
-Sinkholes are an extreme form of ________________.
Federal Securities Regulation
Federal securities regulation consists of U.S. laws and rules that regulate the creation, registration, purchase, and sale of securities, aimed at protecting investors and ensuring market integrity.
Interstate Commerce
Refers to trade, traffic, or transportation involving the movement of goods, services, money, or persons from one state to another, regulated by the federal government.
Rule 10b-5
A regulation under the Securities Exchange Act of 1934, which prohibits deceit, misrepresentations, and fraud in connection with the purchase or sale of securities.
Registered Security
A financial security whose owner is registered with the issuing company, ensuring the owner's claim to future dividends or proceeds from sales.
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