
Section 10(b) would apply to which of the following situations?
A) a student who found negative information about a company while doing research in the university library and positioned himself short in the stock
B) an accounting firm performing an audit in a grossly negligent fashion that results in misleading financial statements
C) a guest at a reception trading on information she overheard at the party
D) none of the above
Correct Answer:
Verified
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