A chief executive of a company is exempt from liability in a case of securities fraud.

Name: A chief executive of a company is exempt from liability in a case of securities fraud.
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Question

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A chief executive of a company can be held liable for securities fraud under certain circumstances, such as if they have knowledge of the fraud or have failed to properly oversee the actions of those responsible for the fraudulent activities.

A Chief Executive of a Company Is Exempt from Liability