Only purchasers and sellers of securities can sue under Section 10(b)and Rule 10b-5 of the Securities Exchange Act of 1934.

Name: Only purchasers and sellers of securities can sue under Section 10(b)and Rule 10b-5 of the Securities Exchange Act of 1934.
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Section 10(b) and Rule 10b-5 are designed to protect purchasers and sellers of securities from fraud, and only those who have engaged in a securities transaction have standing to sue under these provisions.

Only Purchasers and Sellers of Securities Can Sue Under Section