Who can be liable under "Short-Swing" Profits?

Individuals who can be liable under "Short-Swing" profits include officers, directors, and shareholders who own 10% or more of a company’s stock, which encompasses all of the groups mentioned. This liability arises from Section 16(b) of the Securities Exchange Act of 1934, which is designed to prevent insiders from profiting from short-term trading in their company's stock.

The law mandates that any profits gained from the purchase and sale, or sale and purchase, of a company's stock within a six-month period must be returned to the company. This is intended to discourage insider trading and ensure that insiders are not taking unfair advantage of their access to non-public information.

The comprehensive nature of the liability means that all individuals who fit these criteria are subject to the same rules regarding short-swing profits, reinforcing the principle that those in positions of significant influence or with substantial ownership stake in a company are held accountable for their trading activities. Hence, the correct answer is that all of the listed parties can be liable under this regulation.