Asked by
Sydney Moreland
on Nov 23, 2024Verified
When considering insider trading, the "insiders" of a reporting issuer are
A) its directors and senior officers.
B) the directors and senior officers of its parent or subsidiary firms.
C) its shareholders with more than 10 percent of outstanding voting rights.
D) the reporting issuer itself (the company is its own insider) .
E) All of these are reporting issuers.
Insiders
Individuals within an organization who have access to confidential and proprietary information not available to the public, such as executives and key employees.
Reporting Issuer
A corporation that has issued securities to the public and is obligated to disclose periodic financial information to regulatory agencies and shareholders.
Outstanding Voting Rights
The rights to vote that are held by shareholders of a company, which have not been exercised yet.
- Gain an understanding of the terms and identification processes of insiders, along with the legal outcomes they entail.
Verified Answer
AH
Learning Objectives
- Gain an understanding of the terms and identification processes of insiders, along with the legal outcomes they entail.