Series 6 - Investment Company And Variable Contracts Products Representative Exam

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Which updated federal regulation expanded the penalties for insider trading and securities fraud?

ITSFEA
A
The Securities Exchange Act of 1934
B
Rule 2112
C
The Investment Company Act of 1940
D

Explanations

The Insider Trading and Securities Fraud Enforcement Act of 1988 (ITSFEA) expanded the penalties for insider trading and securities fraud.