
Section 16 applies to all stock transactions of directors and officers (of a 1934 Act company).
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Q19: Municipal bonds are exempt from SEC requirements.
Q20: An accredited investor includes any corporation.
Q21: Only directors can be held liable for
Q22: Section 10(b)applies to corporate insiders and tippees.
Q23: A merit review standard is the same
Q25: A red herring is a prospectus sent
Q26: Only an actual seller or purchaser can
Q27: Selling securities before the effective date of
Q28: The federal securities laws do not apply
Q29: Section 10(b)applies to all securities sold in
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