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The Securities and Exchange Commission (SEC) sometimes charges corporate insiders that trade in their own company's stock. The charge is that these individuals have made

The Securities and Exchange Commission (SEC) sometimes charges corporate insiders that trade in their own company's stock. The charge is that these individuals have made unfair profits at the expense of outside investors. This evidence suggests that financial markets are at best _blank_ form efficient.

)

Perfect

2)

Semi-strong

3)

Semi-weak

4)

Strong

5)

Weak

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