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Guard cells
SEC
The U.S. Securities and Exchange Commission, an agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.
Material Omissions
Failures to include important information in a document or communication, which can significantly alter the understanding of the situation.
Due Diligence
The investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or transaction with another party.
Willful Violations
Deliberate or intentional breaches of the law or regulations, often implying awareness of the illegal nature of the act.
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