Longhorn Corporation has its annual audit done by its outside certified public accountants (CPAs), Young & Old, CPAs. Priscilla is one of the CPAs who conduct the audit. The audit discloses that the Longhorn Corporation's profits have doubled since last year, and Priscilla rightfully discloses this fact to Martha, the chief financial officer (CFO) of Longhorn Corporation. If Priscilla and Martha purchase stock prior to the time the company announces its earning, this would be ________. Question content area bottom Part 1 A. short-swing profits B. a violation of Section 16(b) of the 1934 Act C. a violation of SEC Rule 147 D. tipper-tippee trading E. insider trading