Only Purchasers and Sellers of Securities Can Sue Under Section

question 79

True/False

Only purchasers and sellers of securities can sue under Section 10(b) and Rule 10b-5.

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Definitions:

White-collar

Relating to the class of jobs that typically involve mental or clerical work as opposed to manual labor.

White-collar Deviance

Non-violent crime committed by individuals in professional roles, involving deception for financial gain, such as fraud or embezzlement.

Personal Gain

Advantages or benefits, often of a financial or material nature, pursued or achieved for oneself.

Corporate Gain

The increase in value or wealth of a business entity, typically measured in financial terms and often pursued through various strategies and operations.