What kinds of penalties can someone be subjected to if convicted of securities fraud?

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What constitutes a misrepresentation in securities fraud?
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Are there any specific laws that protect investors fromthe misrepresentation of information in securities fraud cases?
What is a "naked short" scheme in securities fraud?
Is it illegal to engage in market manipulation in a securities fraud case?
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How does the SEC protect investors from securities fraud?
How do you prove a securities fraud case?
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