Which of the Following Permits the SEC to Exempt Persons

question 64

Multiple Choice

Which of the following permits the SEC to exempt persons, securities, and transactions from securities regulations?

• A) The Sarbanes-Oxley Act of 2002
• B) The Securities Acts Amendments of 1990
• C) The Market Reform Act of 1990
• D) The Securities Enforcement Remedies and Penny Stock Reform Act of 1990
• E) The National Securities Markets Improvement Act of 1996

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Definitions:

Parapsychology

The study of phenomena beyond the scope of traditional psychology, such as psychic abilities and near-death experiences.

ESP

Extra-Sensory Perception, a claimed ability of individuals to acquire information without the use of known sensory mechanisms.

Scientific Testing

A methodical procedure carried out to support, refute, or validate a hypothesis, involving empirical and measurable evidence subject to specific principles of reasoning and experimentation.

Telepathy

The claimed psychic ability to communicate thoughts or feelings between individuals without using the known human sensory channels.