The ______ rule states that corporate officials must publicly reveal information to the public relating to the economic condition of a corporation before they buy or sell the company's stock.

Question

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The "disclose or abstain" rule mandates that insiders must either disclose material nonpublic information to the public or abstain from trading their company's securities until the information is disclosed. This rule is designed to prevent insider trading by ensuring that all investors have access to the same information.

The ______ Rule States That Corporate Officials Must Publicly Reveal