3 Questions
Penalties for insider trading may include all of the following except
up to 20 years in prison for a firm
All of the following are types of prohibited activities except
wash sales
Jim is a restricted person under Rule 5130. Which of the following members of Jim's family may buy a new issue at the IPO?
Jim's grandfather Farris
Study Notes
Insider Trading Penalties
- Insider trading penalties may exclude certain punishments
Prohibited Activities
- Certain activities are not considered prohibited
Restricted Persons and IPO
- Jim, as a restricted person under Rule 5130, has family members who are not allowed to buy new issues at the IPO
- Only certain family members of Jim are permitted to buy new issues at the IPO
Test your knowledge on the penalties for insider trading with this quiz. Identify what penalties are associated with insider trading.
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