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According to Section 10(b)and Rule 10b-5 of the Securities Exchange

Question 3

Multiple Choice

According to Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934,which of the following constitute(s) a material omission or misrepresentation during a securities transaction?


A) A change in the status of litigation against the company.
B) A change in dividends.
C) A new product,process,or discovery.
D) A change in the status of litigation against the company; a change in dividends; or a new product,process,or discovery.
E) A change in the status of litigation against the company or a change in dividends,but not a new product,process or discovery.

Correct Answer:

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