Who is a corporate insider is it illegal for a corporate, Financial Management

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Who is a corporate insider is it illegal for a corporate

1) Who is a corporate insider?

2) Is it illegal for a corporate insider to own stock in his corporation?

3) When does insider trading illegal?

4) Read the case of SEC v Texas Gulf Sulphur

a) What defense did the corporate insiders use?

b) Was it successful?

5) Under what circumstances could you (a non-insider) be guilty of insider trading?

6) What are short swing profits?

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