Essay : What did the individual or company do in the case that violated the rule or regulation?

Review the website of the Securities and Exchange Commission at https://www.sec.gov/litigation/litreleases.shtml

Choose a case listed here and discuss the rule or regulation that was violated. What did the individual or company do in the case that violated the rule or regulation? Relate this back to the concepts discussed in the text.
**Please attempt to use the below reference as a primary source of reference.

Kubasek, N., Brennan, B. & Browne, M. N. (2017) Legal Environment of Business, A Critical Thinking Approach. New York: Pearson

SAMPLE SOLUTION

Securities and Exchange Commission (SEC) v. Edwin Yoshihiro Fujinaga and MRI international Incorporation et al. is my selected case for this discussion. In summary, the defendants obtained money and property by means of untruthful statements of material facts and engaged in practices, acts, and courses of business which turned out to be a deceit or fraud on the buyers of the securities offered. In so doing, the defendants violated section 17(a) (1), (2), and (3) of the Securities Act of 1933 and section 10(b) of the SE Act of 1934 as well as rule 10b-5. The final ruling by a…