The Securities and Exchange Commission's Fraud Rule Prohibits Trading on the Basis

question 36

Multiple Choice

The Securities and Exchange Commission's fraud rule prohibits trading on the basis of inside information of a business corporation's stock by

• A) Officers
• B) Officers and directors
• C) All officers, directors, and stockholders
• D) Officers, directors, and beneficial holders of 10 percent of the corporation's stock

---

Definitions:

Balanced Meal

A meal that includes a variety of food groups in the right proportions to provide the body with necessary nutrients.

Basic Activities

Basic activities typically refer to fundamental tasks or actions that people engage in on a daily basis for self-care and functioning.

Daily Living

The routine activities that people do every day including eating, bathing, dressing, and going about their daily tasks.

Bathes Daily

The practice of washing oneself in water or another liquid, typically performed daily for personal hygiene.