Jennifer Is the CFO of a Major Chemical Firm

Jennifer is the CFO of a major chemical firm. She has 35,000 shares of the firm's stock and wishes to sell 50 percent of those shares to diversify her holdings. She follows both her firm's and the OSC's guidelines and proceeds with the sale of 17,500 shares. Within a week of her sale, the price of her firm's stock declines by 40 percent. Jennifer's stock trade is:

A) subject only to fines and penalties under the insider trading laws.
B) illegal and could subject her to jail time.
C) legal.
D) subject to reversal by the OSC.
E) subject to a forfeiture of her profits to the OSC.