Instructions: 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. The four incorrect answers are other holding statements. You should find the correct option. There is a <HOLDING> token in the position of the citing text prompt where the holding statement was extracted.
Input: No. 107-204, 116 Stat. 745 (2002). 142 . See 15 U.S.C. 7241(a)(4). 143 . See Compl. 75-78. 144 . Id. 78. 145 . See Caiola, 295 F.3d at 331. 146 . Compl. 78. 147 . Id. 148 . See id. 149 . See id. V 8. 150 . See id. 131-132. 151 . Novak, 216 F.3d at 309 (quotations omitted). 152 . See Compl. 133-137. 153 . See id. 6, 44, 48-49, 54-56, 62, 108. 154 . In re Scottish Re Group, 524 F.Supp.2d at 392 (quotations omitted). 155 . See Tellabs, 127 S.Ct. at 2511. 156 . See Compl. 8, 130. 157 . See Kalnit, 264 F.3d at 139 ("Motives that are generally possessed by most corporate directors and officers do not suffice; instead, plaintiffs must assert a concrete and personal benefit to the individual defendants resulting from the fraud."). See also Chemical Bank, 726 F.2d at 939 (<HOLDING>). 158 . See Compl 8, 130. 159 . See In re
Holding statements: (A) holding that a private plaintiff is not entitled to maintain an aiding and abetting action under 10b or rule 10b 5 (B) holding that a claim arises from the purchase or sale of a security only if there is an allegation of fraud in the purchase sale or issuance of the instrument (C) holding that section 10b violation occurs on date of alleged misrepresentation not the date of the sale or purchase of securities (D) holding that a pledge is a sale and purchase of a security under 10b (E) holding that the wording of 10b making fraud in connection with purchase or sale of security a violation of the act is surely badly strained when construed to provide a cause of action not to purchasers or sellers of securities but to the world at large
Output:
(D)