Explain Under What Circumstances the Defence of Fair Comment Can

question 10

Essay

Explain under what circumstances the defence of fair comment can be lost.

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Definitions:

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry.

Purpose

The purpose behind the creation or existence of something.

Securities Act of 1933

A U.S. law enacted to protect investors from fraudulent and misleading practices in the securities markets.

Purpose

The reason for which something is done or created or for which something exists.