A customer overhears a telephone conversation between her close friend and the friend's spouse, where the close friend mentions to her husband (who is the president of a large bank) how worried she is that she will have to move to California if her husband is successful in the takeover attempt of CalTrust Bank. The customer calls her sales representative at the broker-dealer where she maintains an account and places a market order to buy 1,000 shares of CalTrust Bank, which is immediately filled at $32.50 and then is reported by the agent to the customer. Who has violated the insider trading rules?

A The close friend
B The customer
C The agent
D All of the above

Question

07-05-2021
Business

Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

A customer overhears a telephone conversation between her close friend and the friend's spouse, where the close friend mentions to her husband (who is the president of a large bank) how worried she is that she will have to move to California if her husband is successful in the takeover attempt of CalTrust Bank. The customer calls her sales representative at the broker-dealer where she maintains an account and places a market order to buy 1,000 shares of CalTrust Bank, which is immediately filled at $32.50 and then is reported by the agent to the customer. Who has violated the insider trading rules?

A The close friend
B The customer
C The agent
D All of the above

Sagot :

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.

In which generation microprocessor was developed short answer of computer science

what is the application of a spherometer in the medical field?

which of these expressions is equivalent to to 7(x+3)

Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for its fiscal year ended May 29, 2016 ($ m

Explain the relationships between a firm’s short-run production function and its short-run cost function .Focus on the marginal process of an input and the marg

HELP!! <3 Right now, the gym covers an area of x square feet. Ms.Lauren wants to increase the size of the gym by 20%. Which expression below could not be use

A family went out to eat. Below is the number of corn dogs that each of the four people ate.

Supplies are assets until they are used. When they are used up, their costs are reported as expenses. The costs of unused supplies are recorded in a Supplies as

How did slaves in Texas gain their freedom? Why were some former slaves fearful after learning of their freedom?

A man who weighs 75kg on the surface of the earth whose mass is 6*10^24kg. If the radius of earth is 6480km ,calculate the force of attraction between them.