Which of the following is a necessity to bring a private civil action against a violator of Racketeer Influenced and Corrupt Organizations Act (RICO) based on securities fraud?
A) The accountant must not be a third-party independent contractor.
B) The defendant has to be first criminally convicted in connection with the securities fraud.
C) The plaintiff should file the case before the government brings a lawsuit.
D) The defendant has to be tried by the application of the Section 32(a) of the Securities Exchange Act of 1934 first.
B
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