单选题 Insider trading can be defined as information that is:

A、

A. nonmaterial and nonpublic.
B、

B. material and public.
C、

C. material and nonpublic.

【正确答案】 C

【答案解析】Information is material if it would be important to the investor in their investment making decision. Information is nonpublic if it is not yet available to the public.