Identify the Statement Which Is True of Rule 10b-5

question 35

Multiple Choice

Identify the statement which is true of Rule 10b-5.

• A)Securities need not be registered under the 1933 Act or the 1934 Act for Rule 10b-5 to apply.
• B)The rule applies only to transactions executed on a securities exchange.
• C)The rule applies only to face-to-face transactions.
• D)A misstatement or omission of material fact,scienter,and reliance are not elements of Rule 10b-5.

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Definitions:

Rorschach

The Rorschach test is a psychological test consisting of inkblots displayed to a participant, intended to reveal underlying thought disorders and emotions through the participant's interpretations.

Open Science

The movement towards more transparent, accessible, and collaborative practices in scientific research, including the sharing of data and findings.

Deception

The act of misleading or falsely manipulating others to believe something that is not true.

Refraining

The act of deliberately avoiding certain behaviors or responses.