Profits made from the sale of company stock by a statutory insider within any six-month period are called _.

Question

Quizplus · Accepted Answer

A)To prevent statutory insiders from using inside information for their personal gain,Section 16b)of the 1934 act requires that statutory insiders return all short-swing profits,or profits made from the sale of company stock within any six-month period by a statutory insider,to the company.
B)To prevent statutory insiders from using inside information for their personal gain,Section 16b)of the 1934 act requires that statutory insiders return all short-swing profits,or profits made from the sale of company stock within any six-month period by a statutory insider,to the company.
C)To prevent statutory insiders from using inside information for their personal gain,Section 16b)of the 1934 act requires that statutory insiders return all short-swing profits,or profits made from the sale of company stock within any six-month period by a statutory insider,to the company.
D)To prevent statutory insiders from using inside information for their personal gain,Section 16b)of the 1934 act requires that statutory insiders return all short-swing profits,or profits made from the sale of company stock within any six-month period by a statutory insider,to the company.
E)To prevent statutory insiders from using inside information for their personal gain,Section 16b)of the 1934 act requires that statutory insiders return all short-swing profits,or profits made from the sale of company stock within any six-month period by a statutory insider,to the company.

Profits Made from the Sale of Company Stock by a Statutory