1. (8 points) Discuss the key facts about a case of either insider trading, securities fraud, perjury, a Ponzi scheme, or other SEC violation that impacted investors. Explain how investors were or could be hurt by the illegal activity. 2. (8 points) Briefly explain the Enron and Author Anderson scandal (include three key people involved and the specific wrongful acts they committed) and describe the key law that was passed following this occurrence. 3. (5 points) What are the top five largest investment banks in the U.S. and explain three key functions that are performed by these types of entities. 4. Define and give the current rate for the following: a. (3 pts) Prime rate b. (3 pts) Discount rate c. (3 pts) Fed funds rate 5. A. (3 pts) What is the purpose of the Federal Reserve and when was it created? B. (1 pts) Who is currently the head of the Federal Reserve? C. (1 pts) How many Federal Reserve banks are there? D. (1 pts) Under which Federal Reserve bank is the Nashville area governed?