Under the 1988 Insider and Securities Enforcement Act, a person convicted of insider trading can be subject to:
A) up to 10 years in prison and a fine of either $1.5 million or up to 150% of the amount of profits gained or losses avoided, or both.
B) up to 5 years in prison, a $150,000 fine, or both.
C) up to 10 years in prison and a fine of $1,500,000 or both.
D) up to 10 years in prison and a fine of either $1 million or up to 3 times the amount of profits gained or losses avoided, whichever is greater.
Correct Answer:
Verified
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