The civil penalty provided by the Insider Trading and Securities Fraud Enforcement Act of 1988 for profits gained with nonpublic information is:
A) imprisonment up to two years.
B) return of illegal profits gained.
C) recovery of double damages.
D) recovery of triple damages.
E) imprisonment up to a period of 10 years.
Correct Answer:
Verified
Q61: The Insider Trading and Securities Fraud Enforcement
Q75: Registration by notification:
A) is required by those
Q76: According to the Sarbanes-Oxley Act, the accuracy
Q80: Under the 1934 Act, an individual found
Q81: What are the three questions that a
Q83: Parties who are involved with or who
Q85: What are the common issues regarding litigation
Q90: What must an expert prove to successfully
Q92: Materiality is one of the several defenses
Q113: Explain the concept of fraud under Section
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents