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SEC Law: Section 16
What is "short-swing profits" liability, and how does it affect my stock options and restricted stock? This is premium content
If you are a "reporting person" under Section 16(a) of the Securities Exchange Act of 1934 (i.e., you file Forms 3, 4, or 5), then you are also subject to the short-swing profits liability provisions that match purchases and sales within six months. This matching period is calculated from the date of...
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