SEC Rule 10b-5 Holds It Illegal for Anyone Involved in Securities

question 8

Multiple Choice

SEC Rule 10b-5 holds it illegal for anyone involved in securities dealings to:

• A) sell any security without registration
• B) make any untrue statement of a material fact or to omit to state a material fact
• C) engage in any sale of property that would impose deceit upon any person
• D) sell any security without registration or make any untrue statement of a material fact or to omit to state a material fact
• E) sell any security without registration or make any untrue statement of a material fact or to omit to state a material fact or engage in any sale of property that would impose deceit upon any person

---

Definitions:

Thomas Paine

A political philosopher and writer who played a significant role in the American Revolution, best known for his works "Common Sense" and "The American Crisis."

Spanish Established

Refers to institutions, settlements, or cultural practices founded or brought to regions around the world by the Spanish during their explorations and conquests.

Declaration of Independence

A foundational document proclaimed on July 4, 1776, declaring the thirteen American colonies' independence from British rule.

French and Indian War

A conflict between Great Britain and France (1754-1763) in North America, part of a larger imperial struggle, the Seven Years' War, involving native American allies on both sides.