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LSDefine

Simple English definitions for legal terms

antifraud rule

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A quick definition of antifraud rule:

Antifraud Rule: This is a rule that helps prevent fraud in the stock market. It is also known as Rule 10b-5. This rule makes it illegal for people to lie or deceive others when buying or selling stocks. It helps protect investors from being tricked or cheated out of their money.

A more thorough explanation:

The antifraud rule is a regulation that prohibits any fraudulent or deceptive behavior in the securities market. It is also known as Rule 10b-5.

For example, if a company's executives make false statements about the company's financial performance to artificially inflate the stock price, they would be violating the antifraud rule. Similarly, if a broker provides misleading information to a client to convince them to buy a certain stock, they would also be breaking the antifraud rule.

These examples illustrate how the antifraud rule is designed to protect investors from fraudulent activities in the securities market. By enforcing this rule, regulators can help ensure that investors have access to accurate and reliable information when making investment decisions.

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haha suckers!!!!!!!!!!!!!!!!!
20:38
prolly have a lil family and hobbies what loosers
hahah losers like what? you travel? have a life? not me, i'm reading every line of a contract while my seniors go play golf and enjoy like hahaha suckers
20:40
yea inverse perspective, what is fun is not fun and what is not fun is fun
20:40
you get it.
i wanna be able to travel a ton too
my ex just posted a harry potter related joke i think i dodged a bullet
20:41
Im only going to law school to recruit members for the revolution
20:41
nice where u wanna go? yea bullet dodged fr
can we join even if we're not at ur school
20:44
yeah but youd be in a different chapter
20:44
are we revolting against people who do not use their signal whilst driving?
20:44
We’re revolting against the man, man
20:45
Power does not flow from the sleeve of a judges robe to paraphrase
fuck yeah i'm down
MrThickRopes
20:46
uhhh
MrThickRopes
20:46
Yeeeeaahh
MrThickRopes
20:46
PUT DA BEAT ON BRUH
20:48
Aight yall can join but I call dibs on being assassinated
MrThickRopes
20:49
Unc unc unc unc unc
MrThickRopes
20:49
Up in da club
MrThickRopes
20:49
Up in da club uns uns uns uns uns uns
the unction
20:55
just got a DUI while drinkin an NA beer in my car
20:55
someone help is some1 a hoya lowya here?!
MrThickRopes
21:03
Yoooo wtf
21:03
jk ropes but I do got ops fr
MrThickRopes
21:12
Me too bruh they praying on my downfall fr
21:19
bruh i got ppl tryna make my head a brain smoothie
21:19
serve me with some margarita mix and agave sweetener and summ
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