If a Person Is Convicted Under the Insider Trading Sanctions

question 72

Multiple Choice

If a person is convicted under the Insider Trading Sanctions Act he or she may face:

• A) treble damages payments
• B) payments of the traders' illegal profits to those persons who suffered losses
• C) criminal penalties
• D) all of the other choices
• E) none of the other choices; the Act provides injunctive relief only

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Definitions:

Reconstruction

The period (1865–1877) following the American Civil War, during which attempts were made to address the inequalities of slavery and integrate freed slaves into society and politics.

Federalism

A system of government in which power is divided between the central government and the states.

Civil Rights Bill 1866

A landmark piece of legislation in the United States that established all persons born in the U.S., regardless of race, color, or previous condition, are hereby declared to be citizens.

Reconstruction Amendments

The 13th, 14th, and 15th amendments to the United States Constitution, adopted between 1865 and 1870, aimed at abolishing slavery, granting citizenship and equal protection under the laws, and securing voting rights irrespective of race, color, or previous condition of servitude.