Global Resources Corporation, and its officers, directors, and shareholders, buy and sell securities. Section 10(b) of the Securities Exchange Act of 1934 applies to the purchase or sale of a security
A) only by an investment company

B) only involving short-swing profits.
C) only involving a tipper and tippee.
D) in almost any circumstances.


D

Business

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What will be an ideal response?

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A) was allowed to acquire Lincoln Savings and Loan of Irvine, California, even though he had been accused of fraud by the SEC only four-and-a-half years earlier. B) fired Lincoln's conservative lending officers and internal auditors, even though he had promised regulators he would keep them. C) enlisted the help of five senators to delay the seizure of Lincoln's assets. D) did all of the above.

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Fill in the blank(s) with correct word

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