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please write answers A 10b-5 complaint alleging that a company's false public statements caused the plaintiff to purchase company securities at an artificially inflated price

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A 10b-5 complaint alleging that a company's false public statements caused the plaintiff to purchase company securities at an artificially inflated price --

  1. Should be dismissed for failure to allege injury
  2. States a cause of action for securities fraud
  3. Will support a securities class action claim
  4. Should be dismissed for failure to allege fraud

In the Bank Secrecy Act regulations, "structuring" refers to --

  1. Rewarding business clients with opportunities to invest in "hot" IPOs
  2. Paying early investors with funds received from late investors
  3. Creating a syndicate to underwrite a securities offering
  4. Designing a financial transaction to avoid currency reporting requirements

The DOJ's Yates Memorandum --

1.Requires an admission of personal responsibility in a securities fraud settlement

2.Directs Federal prosecutors to focus on individual culpability

3.Subjects broker-dealers to fiduciary standards in dealing with retail customers

4.Defines scienter requirements for corporate criminal prosecutions

Which of the following is not a "financial institution" for purposes of the Bank Secrecy Act?

  1. An auto dealership
  2. A dry cleaner
  3. An insurance agency
  4. A gambling casino

Which of the following countries is the source of the greatest number of Foreign Corrupt Practices Act prosecutions by the U.S. Justice Department?

  1. Brazil
  2. India
  3. China
  4. South Korea

Generally speaking, criminal prosecution for violation of Federal securities laws --

  1. Requires evidence of wrongful intent
  2. Can only be brought in Federal court
  3. Can be brought only against individuals, not companies
  4. Can be brought only by the Securities Exchange Commission

In United States v. Milikowsky the Court of Appeals for the Second Circuit held that --

  1. Job creators are never jailed
  2. A judge may deviate from sentencing guidelines
  3. Family breadwinners are never jailed
  4. Only violent criminals get jail sentences

Before instructing his broker to sell shares of his company's common stock, a corporate officer should --

  1. Verify that the company's insider trading window is open
  2. File a Rule 144 disclosure statement
  3. Check to see whether he's purchased any company stock within the last 6 months
  4. All of the above

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