_____ of the Securities Exchange Act of 1934 prohibits any person from using mails or facilities of interstate commerce "to use or employ, in connection with the purchase or sale of any security… any manipulative or deceptive device…"

Question

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Section 10(b) of the Securities Exchange Act of 1934 is commonly known as the anti-fraud provision, which prohibits any person from using manipulative or deceptive devices in connection with the purchase or sale of any security. It is a broad and flexible provision that serves as the basis for many anti-fraud actions by the Securities and Exchange Commission (SEC) and private litigants.

_____ of the Securities Exchange Act of 1934 Prohibits Any