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

Question 8

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 25% of the company.
B) are also on the board of directors of the company.
C) own more than 10% of the company.
D) trade their shares in order to invest in another company.

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