SIE Exam Practice Question 749

Question: 749

Which of the following acts is designed to provide greater deterrence and punishment for people trading on material non-public information, and to improve detection of other perceived market abuses?

Correct Answer: B

Explanation:

The Insider Trading and Securities Fraud Enforcement Act of 1988 is designed to provide greater deterrence and punishment for people trading on material non-public information, and to improve detection of other perceived market abuses.

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