Discussion question 3

1.

What are the two issues that must be considered by courts to determine whether a person has standing to challenge an agency's decision?

2.

Donna, a corporate director, sold 100 shares of stock in her corporation on June 1, 2007. The selling price was $10.50 a share. Two months later, after the corporation had announced substantial losses for the second quarter of the year, Donna purchased 100 shares of the corporation's stock for $7.25 a share. Are there any problems with Donna's sale and purchase?

3.

What was the primary way the Sarbanes-Oxley Act increased the authority and capabilities of the SEC?

all responses need to be at least 100 words.