Which of the following is a violation of Standard Ⅱ (B) , Market Manipulation()
A. Implementing a trading strategy to exploit differences in market power and information.
B. Selling a security and immediately purchasing a similar security in order to minimize income tax liability.
C. Overstating an earnings projection in order to increase the price of a stock.
参考答案:C
解析:
Standard Ⅱ (B), Market Manipulation, is not intended to prohibit transactions that are done in order to minimize income taxes or trading strategies that are not intended to distort prices or artificially inflate trading volume. Overstating earnings projections in order to increase the price of a stock is a direct violation.