What Was the Purpose of the Private Securities Litigation Reform

question 99

Essay

What was the purpose of the Private Securities Litigation Reform Act of 1995? What are some of the provisions of the Act?

---

Definitions:

Sales Goals

Targets or objectives set by a sales team or individual salesperson, typically based on volume, revenue, or profitability metrics.

Green River Ordinances

Green River Ordinances are local laws that prohibit door-to-door sales unless the salesperson has received prior invitations from homeowners.

Unethical Sales Tactics

Sales methods that are deceitful, manipulative, or otherwise violate ethical standards, often employed to secure sales at the expense of customer trust.

High-Pressure

A term often used to describe aggressive sales tactics that push customers towards making immediate decisions or purchases.