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Wayne Is the President and CEO of a Corporation

Question 51

Multiple Choice

Wayne is the president and CEO of a corporation.He owns 25 percent of the company's total stock and has been selling large chunks of his holdings over the past three months.If the SEC investigates him for short-swing profits,it would do so under


A) Regulation D of the 1933 Act.
B) Rule 10(b) (5) of the 1934 Act.
C) Section 16 of the 1934 Act.
D) the Private Securities Litigation Reform Act of 1995.

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