Under Section 10(b)of the 1934 Act,all of the following would be considered a "corporate insider" EXCEPT
A)the janitorial company who cleans the corporate offices.
B)a major shareholder of the corporation.
C)a member of the board of directors.
D)All of these are correct.

Question

Quizplus · Accepted Answer

The janitorial company is a third-party vendor and is not considered an insider in relation to the corporation's securities. The other choices (B and C) are both considered insiders under Section 10(b) of the 1934 Act.

Under Section 10(b)of the 1934 Act,all of the Following Would