What is insider trading? How is it regulated in the United States?
What will be an ideal response?
Insider trading occurs when a company employee or company advisor uses material nonpublic information to make a profit by trading in the securities of the company. This practice is considered illegal because it allows insiders to take advantage of the investing public. In 1984, Congress enacted the Insider Trading Sanctions Act which permits the SEC to obtain a civil penalty of up to three times the illegal profits gained or losses avoided on insider trading. The fine is payable to the U.S. Treasury. Under the Sarbanes-Oxley Act, the SEC may issue an order prohibiting any person who has committed securities fraud from acting as an officer or a director of a public company.
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Which of the following is true of the credit crunch that occured in the U.S. economy in the early 1990s?
A. The credit crunch affected only big business firms. B. Small business firms that were unable to obtain bank loans were most affected during the credit crunch. C. The main reason behind the credit crunch was the dramatic decline in housing prices. D. The government bailed out many of the financial firms that were affected by the credit crunch.
________ refer to sales promotion tools used to persuade resellers to carry a brand, give it shelf space, promote it in advertising, and push it to consumers
A) Point-of-purchase promotions B) Frequency marketing programs C) Trade promotions D) Events E) Coupons and inserts
The number of customers that enter a store during one day is an example of
A. a continuous random variable. B. a discrete random variable. C. either a continuous or a discrete random variable, depending on whether odd or even number of the customers enter. D. either a continuous or a discrete random variable, depending on the gender of the customers.
When Laura started working in the accounting department, she felt like her boss hovered over her all day and constantly double checked her work. As a result, Laura made sure she always did her work exactly as her boss would like and that she double checked everything so her boss would find no errors. Eventually, she found that her boss stopped hovering and double checking her work. What Laura experienced was ______.
A. positive reinforcement B. extinction C. punishment D. negative reinforcement