Greg Wanlass Is the Vice President of Talent Development for M

Multiple Choice

Greg Wanlass is the vice president of talent development for M & T Savings and Thrift,a publicly traded corporation that is listed on the NYSE.Greg has just purchased a home and borrowed the money from M & T,at its regular interest rate.With regard to this loan:​

A) ​M & T has violated SOX by making a loan to an officer.
B) ​the loan is not subject to SOX because it was at M & T's regular interest rate.
C) the loan is not prohibited by SOX.
D) M & T is not covered by SOX provisions.