Corruption
Public Disclosure
Section 16
Insider Trading
Dodd-Frank
100
This is the name of the 1977 US law that prohibits bribery and corruption.
What is the Federal Corrupt Practices Act or FCPA?
100
This US law prohibits selective disclosure of material nonpublic information.
What is Regulation FD?
100
This section of the Exchange Act matches purchases and sales by directors, officers and ten percent shareholders and opposes strict liability for profit.
What is Section 16?
100
This is the period of time when a company insider cannot purchase or sell company securities.
What is a blackout period?
100
The Dodd-Frank Act awards 20-30% of government recoveries as rewards to these types of people.
What are whistleblowers?
200
These are the two US government departments that enforce the FCPA.
What are the Department of Justice and the Securities and Exchange Commission?
200
When viewed by a reasonable investor, this information alters the total mix of facts available about a security.
What is material information?
200
The ability to take either of these two actions makes a person the beneficial owner of stock.
What is voting and investment power?
200
During this period of time, company insiders may purchase or sell company securities if not in possession of material non-public information.
What is a trading window?
200
Under this SEC rule,pending under Dodd-Frank, a company may recoup compensation awarded if based upon financial statements that must be restated.
What are the clawback rules?
300
This Australian law makes illegal providing improper benefits to a foreign public official to obtain or retain business.
What is the Commonwealth Criminal Code?
300
When a company unintentionally violates Regulation FD, this is the time when public disclosure must be made.
What is as soon as possible?
300
This form must be filed within two days of the purchase or sale of company stock.
What is Form 4?
300
This is the maximum prison time and monetary penalty for insider trading.
What is 20 years and $5 million?
300
This Dodd-Frank rule requires disclosure of the ratio of CEO compensation to the median compensation of all employees.
What is CEO pay ratio disclosure?
400
This is the maximum prison time that can be imposed for violations of the Commonwealth Criminal Code.
What is 10 years?
400
In 2015 the SEC paid $37 million to reward these people for providing information leading to SEC enforcement actions.
Who are whistleblowers?
400
This is the Eastern time zone deadline to file a Form 4.
What is 10 PM?
400
These types of transactions such as forward sales, swaps or other transactions that involve a short sale must be pre-approved under the GFN insider trading policy.
What are hedging transactions?
400
Under this pending Dodd-Frank rule, companies must disclose the relationship between senior executive pay and total shareholder return.
What is the pay versus performance rule?
500
This type of minor payment to expedite or secure routine government action is not illegal under the Commonwealth Criminal Code.
What is a facilitation payment?
500
This is what ASIC stands for.
What is Australian Securities and Investments Commission?
500
This is the period of time in which purchases and sales may be matched for Section 16 short-swing liability.
What is six months?
500
Under the GFN insider trading policy, your spouse, parents, grandparents, children and grandchildren residing in the same residence, including any such relationship that arises through marriage or by adoption are members of this group.
What is your immediate family?
500
Under this Dodd-Frank rule, GFN stockholders provide a non-binding vote on executive compensation every three years.
What is say-on pay?
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