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The US Supreme Court Has Ruled That Fraud Claims Under Section

Question 37

Multiple Choice

The U.S. Supreme Court has ruled that fraud claims under Section 10(b) and Rule 10b-5 must be brought within:


A) one year after discovery of the facts constituting the violation and no more than three years after the violation has occurred.
B) three years after discovery of the facts constituting the violation and no more than five years after the violation has occurred.
C) five years after discovery of the facts constituting the violation and no more than ten years after the violation has occurred.
D) two years after discovery of the facts constituting the violation and no more than ten years after the violation has occurred.

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