The Securities Exchange Commission promulgated Rule 10b-5 under Section 10(b) of the Securities Exchange Act of 1934. Which of the following is(are) purpose(s) of the Act?
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To rate securities so investors can choose more wisely |
To encourage disclosure of information relevant to investors |
To deter fraud involving securities |
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a. |
No |
No |
Yes |
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b. |
No |
Yes |
Yes |
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c. |
Yes |
Yes |
Yes |
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d. |
Yes |
Yes |
No |