Intrastate Violations of Securities Laws Are Generally Prosecuted Under State

question 23

True/False

Intrastate violations of securities laws are generally prosecuted under state statutes that parallel federal securities laws.

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Definitions:

Gainsay Evidence

Evidence or arguments presented to challenge or dispute a claim or assertion.

Federal Rules

Regulations or guidelines established by federal government agencies in the United States to govern various aspects of life, including commerce, education, and environment.

Civil Procedure

The body of law that sets out the rules and standards courts follow when adjudicating civil lawsuits as opposed to criminal proceedings.

Admitted

In a legal context, it refers to evidence or facts that are accepted by the court, or a person being formally accepted into an organization or institution.