Answer:
The correct answer is True.
Explanation:
Stock brokers, who buy and sell securities in their own accounts, must also follow strict rules about negotiations. The most frequent violations of the laws are:
When brokers and other entities commit fraud, the victims may include investors, creditors and senior citizens as pensioners. In addition to applying public order and regulating the financial vehicles most likely to fraud, state and federal securities laws explicitly protect informants who reveal illegal actions.
Both the SEC and NASAA (North American Securities Administrators Association) maintain that investors have certain rights. Among them, receive account statements, complete and accurate risk information and copies of all agreements. Victims suffering losses often find it helpful to initiate a civil lawsuit to recover their assets.