30. Fred is the founder, CEO and major shareholder of Big Tyme Toys, a publicly traded company and a leading man- ufacture of electronic games. Fred wants to sell some of his shares of company stock in order to diversify and invest in a new venture. Under the securities laws, Fred: a. can sell any or all of his shares at any time without making any filings with the government; what he does with his stock is his business. b. can sell shares of stock so long as he submits a regulatory filing indicating his intent to do so. c. cannot sell his shares because he is an insider. d. cannot sell his shares under any circumstances, because to do so would endanger other investors