B is corrent. The requirement is to identify the standard that must be established to prove a violation of the antifraud provisions of Rule 10b-5 of the Securities Exchange Act of 1934. B is corrent because it must be proven that a false statement or omission of material fact was made, and the individual knew it was false or acted with reckless disregard for the truth. This is equivalent to intentional misconduct. A is incorrect. This does not correctly state the standard of proof. A is incorrect. This does not correctly state the standard of proof. D is incorrect. This does not correctly state the standard of proof.
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