Which of the Following Best Defines Short-Swing Profits

question 33

Multiple Choice

Which of the following best defines short-swing profits?

• A) profits that are made by an insider by selling shares of the corporation prior to the public disclosure of unfavorable information
• B) profits that are made by an insider by personally purchasing shares of the corporation prior to public release of favorable information
• C) profits that are made by a statutory insider on trades involving equity securities of their corporation that occur within six months of each other
• D) profits that are made by a tippee by personally purchasing shares of the corporation prior to or post public release of favorable information