What are the common defenses used in securities fraud cases?

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What are the differences between a "pump and dump" scheme and a "boiler room" in securities fraud?
Are there any specific laws that protect investors fromthe misrepresentation of information in securities fraud cases?
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What is a short sale and how is it used in securities fraud?
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How does a criminal securities fraud case differ from a civil securities fraud case?
What are the penalties for securities fraud?
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