Rule 10B-5 of the SEC regulations makes it unlawful to _____________ in connection with the purchase or sale of any security.

Question

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Rule 10B-5 of the SEC regulations makes it unlawful to make any untrue statements or omit any material fact in connection with the purchase or sale of any security. This is also known as the "anti-fraud" rule, and applies to both individuals and companies involved in the securitization process. Reactive or proactive statements, true statements, and stock price statements are not explicitly prohibited under this rule.

Rule 10B-5 of the SEC Regulations Makes It Unlawful to _____________