Business, 21.02.2020 02:59 moldybubblegum11
An officer of a company has been invited by a large mutual fund company to give a talk to the fund company's analysts about its business plans and prospects. At the talk, the officer inadvertently discloses material information that could affect the stock's price. Which statements are TRUE?
I A public announcement of the news must be made within 24 hours
II A public announcement of the news must be made within 10 business days
III The company must file an 8K with the SEC disclosing the information to avoid insider trading liability
IV The company must file a 10K with the SEC disclosing the information to avoid insider trading liability
A I or III
B I or IV
C II or III
D II or IV
Answers: 2
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An officer of a company has been invited by a large mutual fund company to give a talk to the fund c...
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