Multiple Choice
The ________ imposes liability under Section 10(b) and Rule 10b-5 on an outsider who misappropriates information about a company, in violation of his or her fiduciary duty, and then trades in the securities of that company.
A) Insider Trading Sanctions Act
B) Sarbanes-Oxley Act
C) tort of appropriation
D) misappropriation theory
Correct Answer:
Verified
Correct Answer:
Verified
Q5: The _ is a federal statute primarily
Q6: An offering circular must be provided to
Q7: SEC Rule 506 is known as the
Q8: An issuer is permitted to assert a
Q9: Who among the following is considered a
Q11: It is legal for a company employee
Q12: In order to be found guilty for
Q13: A prospectus is a written disclosure provided
Q14: The _ is a federal statute that
Q15: A tipper cannot be held liable for