Examlex
Which of the following statements is false?
Short-Swing Profits
Profits made from the sale of company stock within any six-month period by a statutory insider.
Statutory Insider
An individual or entity that possesses confidential information about a company due to their position or relationship to it, as defined by law.
Company Stock
Equity securities issued by a corporation, representing ownership interests in the company.
Prefiling Period
In securities registration, the period that begins when an issuer starts to think about issuing securities and ends when the issuer files the registration statement and prospectus with the SEC.
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