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The ________ Is a Federal Statute That Permits the SEC

question 14

Multiple Choice

The ________ is a federal statute that permits the SEC to obtain a civil penalty of up to three times the illegal benefits received from insider trading.


Definitions:

Incorporation Doctrine

The legal concept that the Bill of Rights applies to state governments as well as the federal government through the Fourteenth Amendment's Due Process Clause.

Gitlow v. New York

A landmark Supreme Court case in 1925 that ruled the Fourteenth Amendment to the U.S. Constitution extended the First Amendment's provisions protecting free speech and free press to the states.

Case

A legal proceeding in a court or an instance of a particular situation or example of something being analyzed or dealt with.

Exclusionary Rule

A legal principle in the United States that prohibits evidence obtained in violation of a person's constitutional rights from being used in a court of law.

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