The Wall Street Reform and Consumer Protection Act of 2010:
A) removes the SEC's power to bring enforcement actions under the 1933 Act against aiders and abettors.
B) amends the 1933 and 1934 Acts to allow recklessness as well as knowledge to satisfy the mental state required for the SEC to bring aiding and abetting cases.
C) amends the 1933 and 1934 Acts to allow negligence to satisfy the mental state required for the SEC to bring aiding and abetting cases.
D) sets national standards for securities class action lawsuits involving nationally traded securities.
Correct Answer:
Verified
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C)
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