alleryStart learning →Continual disclosure of a qualifying trade is due to the company within what?
AOne trading day
BTwo trading days
CFive trading days
DSeven trading days
Answer & Solution
Correct answer: B. Two trading days
Regulation 7(2)(a) requires disclosure within two trading days of a transaction once traded value passes the specified limit.
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Related questions
Contravention of the Insider Trading Regulations is dealt with by whom?A pre-cleared trade must be executed within how many trading days at most?The fair disclosure principles call for designating which senior officer?Which Schedule sets out the principles of fair disclosure for the code of practices?The audit committee reviews insider trading compliance at least how often?Designated persons include the CEO and employees up to how many levels below?The company must maintain trading disclosures for a minimum of how long?A listed company may seek disclosures from other connected persons at whose option?