Securities Exchange Act Rule 10b-5 Liability Attaches to Anyone Who

question 39

True/False

Securities Exchange Act Rule 10b-5 liability attaches to anyone who trades in securities for personal profit using confidential information misappropriated in a breach of fiduciary duty owed to the source of the information.

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Definitions:

Social-media Posts

Content created by users, including text, images, and videos, shared on social media platforms.

Technical Documents

Written materials that explain complex information, instructions, or procedures in a detailed and specific manner.

Technical Communication

The practice of conveying complex information in a clear, precise, and accessible manner to a specific audience.

Documentation

The process of creating supportive written or printed material that explains or instructs on how to use a product, complete a process, or understand a concept.