Which of the following is true regarding remedies available under Rule 10b-5?
A) The measure of damages is typically out-of-pocket loss,or an investor may elect to rescind the transaction; and the court may award prejudgment interest,but punitive damages are unavailable.
B) The measure of damages is typically out-of-pocket loss with no right on the part of an investor to elect to rescind the transaction,and the court may award prejudgment interest; but punitive damages are unavailable.
C) The measure of damages is typically out-of-pocket loss,or an investor may elect to rescind the transaction; the court may award prejudgment interest,with punitive damages available in appropriate cases.
D) The measure of damages is typically out-of-pocket loss with no right on the part of an investor to elect to rescind the transaction; the court may award prejudgment interest,with punitive damages available in appropriate cases.
Correct Answer:
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