Section 16 of the 1934 Act Prohibits Short-Swing Trading on the Part

Multiple Choice

Section 16 of the 1934 Act prohibits short-swing trading on the part of officers,directors and controlling shareholders who

A) own more than twenty-five percent of the company.
B) are also on the board of directors of the company.
C) own more than ten percent of the company.
D) trade their shares in order to invest in another company.