"Forward-Looking" Financial Forecasts Are Prohibited Under SEC Rule 10b-5

question 12

True/False

"Forward-looking" financial forecasts are prohibited under SEC Rule 10b-5.

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Definitions:

Low Self-efficacy

The belief in one's inability to execute behaviors necessary to produce specific performance attainments.

Self-serving Bias

The common habit of a person taking credit for positive events or outcomes but blaming outside factors for negative events.

Defensive Self-esteem

A form of self-esteem characterized by fragility and sensitivity to perceived threats, often leading individuals to react defensively to criticism or challenges.

Spotlight Effect

The tendency to overestimate the extent to which our actions and appearance are noticed by others.