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31. Regarding insider trading, which of the following is correct regarding an insider? A. An insider cannot be a director, since the board is independent

31. Regarding insider trading, which of the following is correct regarding an "insider"? A. An insider cannot be a director, since the board is independent of the company. B. An insider cannot be an officer, since an officer is not an employee of the company. C. An employee is rarely an insider, since employees are not typically privy to inside information. D. An insider can be someone who only has a temporary, confidential relationship with an issuer

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