What Actions Can the SEC Take Against a Violator of the Securities

question 48

Multiple Choice

What actions can the SEC take against a violator of the Securities Exchange Act of 1934?

• A) It may enter into consent orders with defendants.
• B) It may seek injunctions in Federal District Court.
• C) It may seek a court order requiring defendants to disgorge illegal profits.
• D) It may seek civil penalties up to three times the illegal profits from insider trading.
• E) All of the above.

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Definitions:

Diplopia

The perception of two images of a single object, also known as double vision, often resulting from improper functioning of the eyes or optic nerves.

Amblyopia

Also known as "lazy eye," a vision development disorder where an eye fails to achieve normal visual acuity, typically due to poor transmission of visual images to the brain.

Melanin

A pigment that gives color to the skin, hair, and eyes, and plays a crucial role in protecting the skin against UV radiation.

Insulin

A hormone produced by the pancreas that regulates blood sugar levels by facilitating the uptake of glucose into tissues.