Author Question: The 1990 Clean Air Act required the EPA to develop regulatory standards for about 191 toxic air ... (Read 38 times)

sam.t96 · **on:** Jun 24, 2018

The 1990 Clean Air Act required the EPA to develop regulatory standards for about 191 toxic air pollutants.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In SEC v. Ginsburg, Ginsburg was CEO of a company that merged with another company, and he told his relatives that the merger might occur. Knowing that the stock price might then rise, the relatives bought stock in the company and profited. Ginsburg was prosecuted by the SEC for insider trading. The appeals court held that:
a. there was not enough evidence to reasonably permit the inference that Ginsburg conveyed nonpublic information to his family members
b. there was enough evidence to reasonably permit the inference that Ginsburg conveyed nonpublic information to his family members, so he was liable for securities fraud
c. Ginsburg did not have a fiduciary obligation to the company, so could not be guilty of insider trading
d. Ginsburg had a fiduciary obligation to the company, but his conduct could not be proven to have violated it e. Ginsburg did not use the information himself so there was no fraud