Insiders would violate the short-swing profits rule (16b) of the 1934 Act by buying stock on January 1 and selling on May 1.

Name: Insiders would violate the short-swing profits rule (16b) of the 1934 Act by buying stock on January 1 and selling on May 1.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

The short-swing profits rule prohibits insiders from profiting from buying and selling their company's stock within a six-month period. Buying on January 1 and selling on May 1 is within this period.

Insiders Would Violate the Short-Swing Profits Rule (16b) of the 1934