The Lack of Regulatory Uniformity Among the States Led Congress

question 12

Multiple Choice

The lack of regulatory uniformity among the states led Congress in 1996 to enact the _____,preempting state registration requirements for securities traded on national markets.

• A)Private Securities Litigation Reform Act
• B)Securities Exchange Act
• C)National Securities Markets Improvement Act
• D)Dodd-Frank Act

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Definitions:

Mania

A mental state characterized by excessive excitement, energy, euphoria, impulsivity, and sometimes delusions.

Cognitive Distortions

Refers to irrational, exaggerated thought patterns that negatively affect one's mental health.

Social Group

A social group consists of two or more people who interact with one another, share similar characteristics, and collectively have a sense of unity and common identity.

Depressive Disorders

A category of mood disorders characterized by persistent feelings of sadness, emptiness, and loss of interest or pleasure.