Robert Is the Vice President of a Medium-Size Corporation That

Robert is the vice president of a medium-size corporation that operates retail sporting goods stores in seven states.Robert has considerable stock that he purchased and received over the years while working there.Robert has purchased no stock for the last 3 years because all his excess funds have gone toward college expenses for his oldest son.Robert's daughter will begin college in the fall,and Robert needs to sell some stock.Robert knows that one of the retail locations where the corporation owns the real estate was once used as a toxic dump.The corporation is legally obligated to clean up this site,and the costs will have a material effect on the corporation's net income for several years.This information is not yet public.Robert can:

A) freely sell his stock without any liability because it has been more than 6 months since he purchased any stock
B) sell his stock only if he tells the purchaser about the liability for cleaning up the toxic waste
C) sell his stock only if he gets prior clearance from the Securities and Exchange Commission
D) sell his stock only to an accredited investor
E) not sell his stock under any circumstances until the information about the toxic waste becomes public