Teacher:In this task, you will be shown a prompt from a judicial decision and multiple holding statements derived from citations following text in a legal decision. Holdings represent the governing legal rule when the law is applied to a particular set of facts. There are five answer choices for each citing text. The correct answer is the holding statement that corresponds to the citing text. You should write an incorrect option. Even though there exist multiple wrong answers, we only need a single wrong answer. There is a <HOLDING> token in the position of the citing text prompt where the holding statement was extracted.
Teacher: Now, understand the problem? Solve this instance: their own rules rules they are bound to comply with under 78s(g)(l) by improperly charging PFOF fees. Thus, removal was proper because the plain language of the Exchange Act establishes that federal courts have exclusive jurisdiction over actions seeking to interpret and enforce compliance with exchange rules or the Act itself. The district court correctly determined that this case implicates a federal interest sufficiently substantial to establish federal subject matter jurisdiction. See, e.g., D'Alessio v. N.Y. Stock Exch., Inc., 258 F.3d 93, 101 (2d Cir.2001) (finding federal subject matter jurisdiction where an exchange failed to perform its statutory duty under federal law); Sparta Surgical Corp. v. Nat'l Ass'n of Sec. Dealers, Inc., 159 F.3d 1209, 1212 (9th Cir.1998) (<HOLDING>). We therefore affirm the district court's
Holding statements: (A) holding that the remedies are exclusive (B) holding that although plaintiffs theories are posited as state law claims their viability depended on whether the sros rules were violated thereby triggering the exclusive jurisdiction provision of 78aa (C) holding the state law claims were not preempted (D) holding that the plaintiffs state law claims are preempted by federal law (E) holding that exercise of jurisdiction over plaintiffs state law claims was proper on the basis of supplemental jurisdiction even though the plaintiffs had erroneously claimed diversity jurisdiction because a legitimate federal question was also presented and the state law claims formed part of the same case or controversy as the federal claim
Student:
holding that the remedies are exclusive