The Sarbanes-Oxley Act of 2002 created a new felony for securities fraud. This provision of the law
A. Prohibits a knowing attempt to execute a scheme to defraud in connection with securities of issuers.
B. Applies only when the securities have been registered with the SEC.
C. Criminalizes the execution of, but not the attempt to execute, a scheme to defraud.
D. Applies only in connection with the purchase or sale of securities of an issuer.
Answer: A. Prohibits a knowing attempt to execute a scheme to defraud in connection with securities of issuers.
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