Which of the following is not an area of federal statute law?

A) Protection of intellectual property rights
B) Regulation of the purchase and sale of corporate stock
C) Prohibition of employment discrimination
D) Protection of the environment
E) None of these choices is correct.

All the options listed (A through D) are indeed areas of federal statute law in the United States. Intellectual property rights are protected under federal laws such as the Copyright Act and the Patent Act. The purchase and sale of corporate stock are regulated by federal laws enforced by the Securities and Exchange Commission (SEC). Employment discrimination is prohibited under federal laws such as the Civil Rights Act of 1964. The protection of the environment is covered by federal laws such as the Clean Air Act and the Clean Water Act.