b. Provides that \"ignorance of the law is not a defense\" to imprisonment for s
ID: 381958 • Letter: B
Question
b. Provides that "ignorance of the law is not a defense" to imprisonment for securities fraud "wilful" c. Provides for criminal prosecution of insider trading by the SEC d. Provides jail sentences up to 20 years for "willful" violations of Rule 10b-5 28. in United States v. Martomo, the Second Circuit reasoned that - a. Only an officer, director or b. A tippee" must give a financial reward to the insider-tipster to be guilty of a 1 C A gift of inside information is the same as trading on the information and gifting the d. A recipient of material nsider of a company can be an "insider" subject to i trading prosecution under Rule 10b-5 insider trading violation profits for purposes of insider trading pr trade on that information without violating Rule 10b-5 never information from a 47 29. Which of the following is NOT a principal objective of the Securities Exchange Act of 193 a. To regulate securities exchanges b. To regulate c. To regulate secondary trading in securities d. To regulate private equity funds 30. Which of the following corporate events does NOT trigger a requirement to file a Form 8-k with the SEC? a. Termination of a merger agreement b. Agreement on principal merger terms c. Change in a Company's outside CPA accounting firm d. Walver of a requirement of a Company's Code of Ethics 31. Which of the following forms is NOT designed to satisfy a filing requirement of the Securities Exchange Act of 19347 a. Form S-1 b. Form 5 c. Form 10-K d. Form 10-Q 32. The phrase Management's Discussion and Analysis of Results of Operations" (MD&A;") refers toExplanation / Answer
28 - The Answer is B, A tippee must give a financial reward to the insider tipster to be guilty of a 10b -5 insider trading violation
29 - The answer is D, To regulate the private equity fund, Here the private equity fund may be registered with SEC but not administered or regulated by them, they are regulated and administered by the respective private company.The rest all are the activities regulated by the SEC
30 - The Answer is B, Agreement on the merger terms, This is to be on for 14A ( Proxy statement)or 14C ( information statement), The rest are in the form 8-K.
31 - The answer is A, The form S-1 is designed to satisfy the filing under the securities exchange act of 1933. The rest all are for the securities exchange act of 1934.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.