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:

Open Recruitment

Open recruitment is a hiring process that is publicly advertised, allowing anyone who meets the qualifications to apply, promoting transparency and equal opportunity.

Low Cost Strategy

A competitive approach adopted by businesses focusing on maintaining the lowest operational costs to offer lower prices than competitors.

Recruiting Objective

A defined goal or target that a company aims to achieve through its hiring processes, such as acquiring talents that fit specific job roles.

Lateral Transfers

The movement of an employee from one position to another of equal rank and pay within the same organization, often to gain diverse experiences.