Series 79 practice questionhardHart-Scott-Rodino Act
If parties to a reportable transaction under HSR submit their filings but begin integrating operations before the waiting period expires, they could be charged with what violation?
- AInsider trading
- BGun-jumping✓ Correct answer
- CFailure to file Schedule TO
- DMaterial misstatement liability
Explanation
Why B — Gun-jumping
'Gun-jumping' refers to integrating businesses before the HSR waiting period ends, which is prohibited and can result in fines. Mistaking this for other violations can lead to substantial compliance risks.
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