Restrictions on trading involving insider information apply to the following except
A)corporate officers.
B)corporate directors.
C)major stockholders.
D)All of the options are subject to insider trading restrictions.
E)None of the options is subject to insider trading restrictions.

Question

Quizplus · Accepted Answer

Corporate officers, corporate directors, and major stockholders are corporate insiders and are subject to restrictions on trading on inside information.Further, the Supreme Court held that traders may not trade on nonpublic information even if they are not insiders.

Restrictions on Trading Involving Insider Information Apply to the Following