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SIE: Prohibited Activities & Ethics
SIE practice questionmediumInsider trading reports

Section 16(a) of the Securities Exchange Act requires insiders to report changes in beneficial ownership within what time frame?

  1. A15 business days
  2. B5 business days
  3. C10 business days
  4. D2 business days✓ Correct answer
Explanation

Why D2 business days

Insiders must report changes in their holdings within 2 business days to the SEC.

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