In SEC V Switzer Et Al

question 60

Multiple Choice

In SEC v. Switzer et al., Switzer overheard a conversation while in a public place and, based on the information heard during the conversation, formed a group to purchase stock in a corporation that subsequently showed a substantial profit. When the SEC brought charges of insider trading against Switzer, the court said:

• A) since Switzer was not a direct participant in the conversation, he could not be prosecuted as a tippee.
• B) Switzer was not a tippee because he did not know that the information overheard was material and nonpublic.
• C) the insider that Switzer overheard was guilty of a breach of his fiduciary duty to his company because he spoke about the company in a public place.
• D) the insider that Switzer overheard was guilty of a breach of his fiduciary duty to his company and was guilty of insider trading because he was telling his wife material and nonpublic information.

Recognize the anatomical changes in blood vessels at key physiological points (e.g., aorta transitioning to abdominal aorta).

Understand the blood supply to various organs and limbs and its clinical significance.

Describe the regulatory mechanisms of blood pressure within the circulatory system.

Explain the developmental changes in the circulatory system from fetal to adult life.