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In Recent Years, Both the Volume and Cost of Litigation

Question 54

Multiple Choice

In recent years, both the volume and cost of litigation related to alleged audit deficiencies reached alarming proportions. This important trend led to the:


A) Racketeer Influenced and Corrupt Organization Act.
B) Coalition to Eliminate Abusive Securities Suits.
C) Securities Act of 1993.
D) Private Securities Litigation Reform Act of 1995.
E) Securities Exchange Act of 1994.

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