The official arbiter of when recessions begin and end is the National Bureau of Economic Research (NBER), a nonprofit economics research group. Their website lists the latest turning points in the business cycle of the U. S. economy. The list below includes all of the business cycle turning points that have occurred over the 20-year period ending in April 2018: All business cycle peaks: March, 2001; December, 2007 All business cycle troughs: November, 2001; June, 2009 a. The most recent business cycle turning point was

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec