It Is Not Illegal for Investors to Take Positions in a Stock

question 33

True/False

It is not illegal for investors to take positions in a stock based on inside information that they received from an insider at the company, although it would be illegal for the insider to take a position based on that information.

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Definitions:

Equal Rights

The principle that all people should have the same rights and opportunities, regardless of characteristics like gender, race, or religion.

States

Political and territorial divisions within a country, having a specific level of autonomy and government to manage local affairs.

Bradwell v. Illinois

An 1873 Supreme Court case that upheld a decision denying Myra Bradwell the right to practice law, based on her gender.

Property Rights

Legal rights and interests an individual has in tangible or intangible items, encompassing both ownership and use.