The Key to Liability Under Section 10(b) of the Securities

question 49

True/False

The key to liability under Section 10(b) of the Securities Act of 1933 and SEC Rule 10b-5 is whether undisclosed inside information is material.

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Definitions:

Mass Number

Number of protons plus the number of neutrons in each atom.

Neutrons

Subatomic particles found in the nucleus of an atom that have no electric charge.

Mass Number

The total number of protons and neutrons in an atom's nucleus, indicating the mass of the atom.

Atomic Number

The number of protons in the nucleus of an atom, which determines the chemical properties of an element.