Question

Identify the incorrect sentence.

A No sooner had the circular been issued than the markets began reacting with unusual volatility.
B Each of the intermediaries was instructed to comply with the revised reporting standards within a stipulated timeline.
C The regulator’s intent was not merely to penalize non-compliance but to instill long-term discipline.
D Hardly had the announcement been made when multiple stakeholders raised concerns regarding its feasibility.
E All sentences are correct
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