Martin read in the Wall Street Journal that the Bruno Pharmaceutical Corporation had just been denied approval of a drug designed to cure a foot disorder known as Morton's Neuroma by the Food and Drug Association. Martin concluded that this would be a devastating blow for the company and called his financial advisor and instructed him to sell all his Bruno Pharmaceutical stock. Which statement is true concerning these facts?

	A.	Martin is guilty of insider trading and can be subjected to civil but not criminal liability.
	B.	Martin is not guilty of insider trading because he made his trading decision on the basis of information that was publicly available.
	C.	Martin is not guilty of insider trading because he made his decision through a financial advisor instead of through a discount brokerage firm.
	D.	Martin is guilty of insider trading and can be subjected to civil and criminal liability.