Which of the following is considered inside information if disclosed by an officer of a company?

Get ready for the FINRA SIE Test with comprehensive multiple-choice questions and detailed explanations. Boost your knowledge and confidence for the financial industry exam!

Inside information refers to non-public information that could influence an investor's decision to buy or sell securities. When an officer of a company discloses such information, it can create an unfair advantage in trading.

Pending transactions, such as mergers, acquisitions, or significant deals, are classified as inside information because they have not yet been made public and could significantly affect the company’s stock price once disclosed. Similarly, changes in top management could impact investor sentiment and the future direction of the company, making this information particularly sensitive and impactful.

In contrast, company revenue projections, public announcements of earnings, and market analysis reports might be valuable but do not fall under the category of inside information if they are already publicly available or based on already disclosed data. Thus, the correct recognition of pending transactions and management changes as inside information is crucial because of their potential to materially affect a company's securities value.

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