The Insider Trading Sanctions Act of 1984 and the Insider Trading and Securities Fraud Enforcement Act of 1988 made it illegal to trade while in the possession of inside information,or "material" non-public information held by
A)officers.
B)directors.
C)major stockholders.
D)All of the above are correct.
E)Only A and B are correct.

Question

Quizplus · Accepted Answer

The Insider Trading Sanctions Act of 1984 and the Insider Trading and Securities Fraud Enforcement Act of 1988 apply to all individuals who possess inside information, including officers, directors, and major stockholders. Therefore, all of the choices listed in options A, B, and C are correct.