Which of the Following Statements Is True of Section 32(a)of

Multiple Choice

Which of the following statements is true of Section 32(a) of the Securities Exchange Act of 1934?

A) This rule applies only to auditors.
B) Insider trading falls within the purview of this section.
C) A person guilty of violating Section 32(a) will be imprisoned regardless of his or her knowledge of the regulation violated.
D) The SEC files criminal lawsuits against those willfully violated federal securities laws.