One Outcome from the SEC Investigation of the "Flash Crash

question 41

Multiple Choice

One outcome from the SEC investigation of the "Flash Crash of 2010" was

• A) a prohibition of short selling.
• B) higher margin requirements.
• C) approval of new circuit breakers.
• D) establishment of electronic communications networks (ECNs).
• E) passage of the Sarbanes-Oxley Act.

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Definitions:

Purchase

The act of acquiring goods or services in exchange for money or other consideration.

Executed

In legal terms, it refers to a contract or document that has been fully signed and completed by all parties involved.

Fully Performed

A contractual term indicating that all obligations and duties outlined in the agreement have been completed by all parties involved.

Contract Terms

the specific provisions, conditions, and requirements laid out in a contract that define the obligations and rights of the parties involved.