Information is ________ until it has been disseminated to the marketplace in general and investors have had an opportunity to react to the information.
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A. B. C. D. E.E
Standard V (A) deals with the responsibility of members when they are dealing with the receipt and disclosure of material, nonpublic information. Information is
"nonpublic" until it has been disseminated to the marketplace in general and investors have had an opportunity to react to the information. Mere possession of material nonpublic information will trigger trading restrictions under Standard V (A).