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

Question

Quizplus · Accepted Answer

All corporate officers, directors, and major stockholders are subject to insider trading restrictions. Insider trading involves using non-public information to make trading decisions, and such actions are considered unfair to other investors. It is illegal to trade based on insider information, and the Securities and Exchange Commission (SEC) enforces these rules. The SEC requires corporations, company officers, and directors to report their trades to ensure accountability and transparency. Additionally, insider trading can lead to criminal charges and fines, as well as damage to a company's reputation.

Restrictions on Trading Involving Insider Information Apply to the Following