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:

Organisations

Entities comprising multiple people working together towards common goals or objectives, structured to accomplish tasks and achieve efficiency.

Chief Operating Officer

A senior executive responsible for managing the day-to-day administrative and operational functions of a company.

Harish Manwani

An Indian business executive known for his leadership roles at Unilever, where he significantly contributed to the company's global growth and sustainability initiatives.

Core

signifies the central, essential, or foundational parts of an entity, idea, or system that are fundamental to its existence or function.