PracticeQuiz content is free on an ad-supported model.

Unfortunately, we can't support ad blocker usage because of the impact on our servers. If you'd like to continue, please disable your ad blocker and reload page.

Reload page

Paralegal Exam Prep

Category - Legal Envrmt

Start a Study Session Sign up for Question of the Day

Which of the following is NOT an essential element of a Rule 10b-5 offense?

Insider trading
Materiality
Connection to the purchase or sale of securities
Knowledge of wrongdoing
Manipulation or deception

Explanation

Answer: A. Insider trading is not an essential element of a Rule 10b-5 offense. SEC Rule 10b-5 prohibits any act or omission resulting in fraud or deceit in connection with the purchase or sale of any security. A 10b-5 offense requires intent.

Previous Next

Was this helpful? Upvote!

Start a Study Session Sign up for Question of the Day

Paralegal Exam Prep

Top questions

Related questions

Most popular on PracticeQuiz

Ad-Blocker not supported

Paralegal Exam Prep

Top questions

Related questions

Most popular on PracticeQuiz