Collectively,social Media Apps Have Shifted the Locus of Control for Mass

question 9

True/False

Collectively,social media apps have shifted the locus of control for mass communications from advertisers to large organizations.

---

Definitions:

Securities Exchange Act

U.S. legislation that regulates the trading of securities to protect investors and maintain fair and efficient markets.

Disclosure

The act of making new or secret information known, often required in legal and financial contexts to ensure fairness and transparency.

Section 16(b)

A provision in the U.S. Securities Exchange Act of 1934 that aims to prevent insider trading by requiring the disgorgement of profits made from the purchase and sale, or sale and purchase, of an issuer’s equity securities within a six-month period by directors, officers, or shareholders owning more than 10% of a firm.

1934 Securities Exchange Act

A U.S. federal law that governs the trading of securities, such as stocks and bonds, to protect investors from fraud.