Adoption of Rule 10b-18 by the SEC has protected firms from being prosecuted for manipulating their share price through share repurchases.

Name: Adoption of Rule 10b-18 by the SEC has protected firms from being prosecuted for manipulating their share price through share repurchases.
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Question

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Rule 10b-18 provides a safe harbor for companies engaging in share buybacks, protecting them from liability under certain circumstances.

Adoption of Rule 10b-18 by the SEC Has Protected Firms