Insider trading is:
A) legal if no profit is made
B) legal if the insider gets an outsider to buy or sell
C) illegal because insiders are strictly prohibited from stock trading under SEC Rule 10b-5
D) illegal when insiders trade based on information they have a fiduciary duty not to trade on
E) illegal because employment contracts for insiders prohibit trading in the securities issued by their employer
Correct Answer:
Verified
Q370: Someone who does not have a fiduciary
Q371: The buying or selling of stock by
Q372: You are on the subway in New
Q373: The rationale behind prohibiting insider trading is
Q374: Someone who engages in insider trading:
A) may
Q376: The CEO of Big Ships knows his
Q377: Chiarella worked at a company that printed
Q378: Insider trading laws in Europe:
A) do not
Q379: Insider trading is:
A) legal if no profit
Q380: The CEO of Big Ships knows his
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