For action brought under Section 10(b)
1.)There was a material misrepresentation or omission
2.) The plaintiff suffered damages
<span>3.) The plaintiff relied on the fraudulent statement and </span>
4.) existence of scienter
<span>Both 10(b) and 10b-5 cover registered and unregistered securities, and not just original issuances.</span>
The judicial branch has absolutely no role in the selection process. The judicial branch is a separate entity for a reason. The right answer is that each committee studies the idea carefully though it makes the process longer. Seriously, the answer is obvious.
The roots of the Orthodox Church are in Catholicism.