For Civil Sanctions to Be Imposed Under Section 10(b) of the Securities

question 25

True/False

For civil sanctions to be imposed under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5, the violator must not have had an intent to defraud or knowledge of his or her misconduct.

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Definitions:

Roberts Apperception Test

A projective psychological test designed to assess an individual's social perceptions and interactions by interpreting stories about pictures.

Thematic Apperception Test

A projective psychological test that involves respondents interpreting ambiguous images to reveal their underlying motives, feelings, and personality traits.

Children's Apperception Test

A projective psychological test used to assess the personality, emotions, and attitudes of children through their interpretations of story-telling cards.

Rorschach Inkblot Test

The most widely used projective personality assessments in which respondents are shown 10 bilaterally symmetric inkblots and asked to identify what they see, think of, or what it means to them.