Question

. Under the Securities Exchange Act of 1934 and SEC Rule 10b-5, an accountant may be...

. Under the Securities Exchange Act of 1934 and SEC Rule 10b-5, an accountant may be found liable for which one (1) of the following? (i) Fraud, (ii) Duress, or (iii) Undue influence

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Answer #1

Description of rule:-

Rule 10b-5 is a guideline made under the Securities and Exchange Act of 1934. It was officially known as the Employment of Manipulative and Deceptive Practices. This standard makes it unlawful for anyone to legitimately or by implication utilize any measure to cheat, offer bogus expressions, preclude significant data, or in any case direct business tasks that would deceive someone else during the time spent leading exchanges including stock and different protections.

Rule 10b-5, sanctioned in 1934 by the Securities and Exchange Commission (SEC), is a standard focusing on securities fraud.

ANSWER :-(i)Fraud

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