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?
- A15 business days
- B5 business days
- C10 business days
- D2 business days✓ Correct answer
Explanation
Why D — 2 business days
Insiders must report changes in their holdings within 2 business days to the SEC.
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