Anyone Who Wrongfully Obtains Inside Information and Trades on It

question 38

True/False

Anyone who wrongfully obtains inside information and trades on it for his or her personal gain can be liable under SEC Rule 10b-5.​

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Definitions:

Biological Reasons

Biological reasons pertain to the underlying physiological and genetic factors that influence physical and mental health, behaviors, and traits.

Hayflick Limit

The number of times a human cell is capable of dividing into two new cells. The limit for most human cells is approximately 50 divisions, an indication that the lifespan is limited by our genetic program.

Cells

The basic structural, functional, and biological units of all living organisms, serving as the building blocks of life.

Divide

To separate or split something into parts or to share among several.