Negligence causing a material misstatement will subject a party to liability under Rule 10b-5 of the Securities Exchange Act of 1934?

A. True

B. False

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Question 9 of 101 Points

A tippee is liable for acing on information that he or she should have known was not public?

A. True

B. False

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Question 10 of 101 Points

An insider is liable for so-called short-swing profits only if he or she has used inside information?

True

False