Business, 24.03.2020 04:24 Ameilasmickle15

The Vice-President of ACME Corporation, an NYSE listed firm, places an order to buy 10,000 shares of ACME common at the market. 3 months later, ACME stock's price has increased by 20% and the officer places an order to sell. Which statement is TRUE? The sale of the stock is not subject to Rule 144 The stock cannot be sold unless it has been held, fully paid, for 6 months The sale is prohibited until a "waiver of liability" has been obtained from the issuer The officer must forfeit the profit on the sale

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The Vice-President of ACME Corporation, an NYSE listed firm, places an order to buy 10,000 shares of...

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