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Which One of the Following Statements Is Correct

Question 62

Multiple Choice

Which one of the following statements is correct?


A) Company insiders are not permitted to trade their employer's securities.
B) Only tippers can be accused of illegal insider trading.
C) Tippees are permitted to trade securities based on information they know is private.
D) Trading on private information that you just happen to overhear is legal.
E) Any trading based on information known to be private is illegal.

Correct Answer:

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