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Insider trading is: a) legal if no profit is made b) legal if the insiders are strictly prohibited to buy or sell c) illegal because

Insider trading is:

a) legal if no profit is made

b) legal if the insiders are strictly prohibited to buy or sell

c) illegal because insiders are strictly prohibited from any trading under SEC rule 10b-5

d) illegal when insiders trade based on information they have fiduciary duty not to trade on

e) illegal because employment contracts for insiders prohibit trading in the securities issued by their employer

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