Which of the following is not an "insider" for purposes of the insider trading rules?
A) An internal auditor
B) An independent member of the Board of Directors who does not own any company stock
C) A shareholder who owns 7% of a company's stock and her husband owns 4% of the company's stock
D) A investors who owns 20% of a company's general obligation bonds that are trading at a price roughly equal to their market value
Correct Answer:
Verified
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