Under the Securities Fraud Enforcement Act,when may a brokerage house be fined?
A) If it knew or recklessly disregarded information that would indicate insider trading activities on the part of its employees.
B) Whenever an employee is found guilty of insider trading.
C) If it was negligent in failing to discover insider trading.
D) A brokerage house may not be fined under the Act.
Correct Answer:
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