Under Rule 10b-5, which is true about insiders?
A) Employees at all levels in a company are insiders, as well as lawyers, accountants, and
consultants even when hired only on a temporary basis.
B) Officers and directors are insiders, but lawyers or accountants that are hired only on a
temporary basis are not insiders.
C) Agents hired on a temporary nonemployee basis to provide services to the company are
not insiders.
D) Officers and directors are insiders, but employees who are not officers are not insiders.
A
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If a firm imposes a capital constraint on investment projects, the appropriate decision criterion is to
select the set of projects that has the highest positive net present value subject to the capital constraint. Indicate whether the statement is true or false
Some view that Dodd-Frank eliminated the too-big-to-fail problem. How did it achieve this?
A) By making it harder for the Federal Reserve to bail out financial institutions B) By eliminating the Volcker rule C) By reducing the regulation of SIFIs D) All of the above.