An Inside Trader Is Any Person Who __________ and Then

question 20

Multiple Choice

An inside trader is any person who __________ and then trades that company's stock without adhering to the Ontario Securities Commission (OSC) guidelines.

• A) knows any one of a firm's directors or officers
• B) analyzes a firm's financial reports
• C) works for a company
• D) has non-public company information which will significantly affect the stock price
• E) works for a financial firm which analyzes a particular company

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Definitions:

Daily Management

The ongoing operations and decision-making processes performed by an organization's management team on a day-to-day basis.

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, giving them ownership interests.

Corporate Criminal Liability

The legal principle that a corporation, as an entity, can be held accountable for committing criminal acts.

Strict Liability Rule

A regulation imposing absolute responsibility on certain persons or entities for damages or losses, regardless of fault or intention.