Question: Insider trading involves individuals who are: a. inside prison at the time the allegedly illegal trade occurred. b. insiders within publicly traded companies, including officers,

Insider trading involves individuals who are:

a. inside prison at the time the allegedly illegal trade occurred.
b. insiders within publicly traded companies, including officers, directors, and majority shareholders.
c. inside the SEC and have employment in a position of trust and confidence.

Under which theories may outsiders be held liable for insider trading? Choose two:

a. Misappropriation theory
b. Tipper/tippee theory
c. Managerial theory
d. Constant information theory
e. Negligence theory

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