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.

• A) Securities Act
• B) Securities Exchange Act
• C) Insider Trading Sanctions Act
• D) SEC Rule 506

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Definitions:

Free Flow of Information

Refers to the unrestricted access and exchange of data and ideas among individuals and groups.

Substantive Interests

The core needs, desires, or goals that parties seek to achieve in a negotiation or conflict situation.

Focal Issues

The central or primary points of concern, discussion, or attention in a given situation, especially those that are contentious or significant.

Interests

The stakes or concerns that individuals or groups have in a particular situation or outcome.