In Comparison to the Burden of Proof Required of Plaintiffs

In comparison to the burden of proof required of plaintiffs in civil lawsuits against independent auditors under common law,section 10(b) of the Securities Exchange Act of 1934

A) Is the same regarding plaintiffs' need to prove damages or losses.
B) Is the same regarding plaintiffs' need to establish privity or a beneficiary relationship with auditors.
C) Does not require that plaintiffs prove their reliance on materially misstated financial statements.
D) Does not require that plaintiffs prove that relying on the materially misstated financial statements caused their losses.