Under Rule 10b-5, which is true about insiders?

A) Employees at all levels in a company are insiders, as well as lawyers, accountants, and
consultants even when hired only on a temporary basis.
B) Officers and directors are insiders, but lawyers or accountants that are hired only on a
temporary basis are not insiders.
C) Agents hired on a temporary nonemployee basis to provide services to the company are
not insiders.
D) Officers and directors are insiders, but employees who are not officers are not insiders.


A

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