The Private Securities Reform Act of 1995 Made What Change

The Private Securities Reform Act of 1995 made what change affecting the liability of professionals in connection with securities?

A) Changed the duty of care for accountants from a local standard to a uniform national standard.
B) Made class action lawsuits by plaintiffs easier to file.
C) Replaced the rule for liability of defendants from joint and several liability to proportionate liability.
D) Made accountants liable for misstatements resulting from constructive fraud.