A statutory safe harbor for certain forward-looking statements by issuers subject to the 1934 Act's reporting requirements and persons acting on their behalf is provided by:
A) Rule 502.
B) Regulation D.
C) the Litigation Reform Act.
D) SEC Form S-8.

Question

Quizplus · Accepted Answer

The Litigation Reform Act provides a statutory safe harbor for certain forward-looking statements made by issuers subject to the 1934 Act's reporting requirements and persons acting on their behalf. This safe harbor protects these individuals from liability for such statements if they are identified as forward-looking, accompanied by cautionary statements, and made in good faith with a reasonable basis. Rules 502 and Regulation D are not relevant to this topic, and SEC Form S-8 pertains to registration of securities for employee benefit plans.

A Statutory Safe Harbor for Certain Forward-Looking Statements by Issuers