Which of the Following Is a Reason Congress Passed the Private

Multiple Choice

Which of the following is a reason Congress passed the Private Securities Litigation Reform Act of 1995?

A) To provide protection to companies who issue forecasts of earnings.
B) To provide stronger penalties against companies who issue forecasts of earnings that turn out to be wrong.
C) To provide stronger penalties against insiders who trade on forecasts of earnings.
D) To provide protection to insiders who trade on forecasts of earnings.
E) To provide protection to companies who issued forecasts of earnings and also to provide protection to insiders who trade on such forecasts.