Section 16(b) of the 1934 securities exchange act (a) requires that foreign nationals buying u. s.corporate

3 answers
Question:

Section 16(b) of the 1934 securities exchange act
(a) requires that foreign nationals buying u. s.corporate stock register with the securities exchange commission (sec).
(b) regulates proxy statements.
(c) provides for recapture by the corporation of all profits realized by an insider from the purchase or sale of corporate stock within a 6 month period.
(d) allows foreign nationals to seek an sec exemption from securities registration requirements.

Answers

Section 16(b) of the 1934 Securities Exchange Act provides for recapture by the corporation of all profits realized by an insider from the purchase or sale of corporate stock within a 6 month period.

Explanation:

This section of the 1934 Securities Exchange Act was put in place to uphold fairness and equity in the financial markets. Without its provision, insiders could advantage of privileged information and exploit it for personal gain.

Your answer is c the bank manager might not improve a loan people take big risks when they ask there bank for a loan.

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