which of the following is not an instance of “insider trading”?/course hero

What is the key skill of insider trading?

· The key skill of insider trading is course hero is the ability to hear others. The most important thing in the insider trading is course hero is the ability to hear your opponent or opponents. It does not matter if your opponent sits at a table opposite or thousands of kilometers away on the other side of the computer.

What is insider trading?

Insider trading is a word that has many definitions and connotations and which includes both legal and illegal activities. It can also be described as an insider trading of a company’s stock, securities, bonds and stock options by persons with possible access to non-public information about the company.

What is the purpose of the Securities Exchange Commission?

Also it is responsible for enforcing tax laws and laying down rules for securities trade. It holds prime duty of implementing the laws of federal securities , suggesting securities regulations, and regulating the securities industry, the country’s options and ...

What is SFO in securities?

The Securities and Futures Ordinance (“SFO”) which came into effect on 1 April 2003 establishes dual civil and criminal regimes (under Parts XIII and XIV respectively) in respect of all types of market misconduct.“Market misconduct” as regulated under Parts XIII and XIV comprises 6 offences: insider dealing, false trading, price rigging, disclosure of information about ...

Is insider information easy to track?

· The route of insider information and its influence over people's trading is not so easy to track. Take for example a person who initiates a trade because his or her broker advised him or her to ...

Who can violate insider trading laws?

Insider trading is not limited to company management, directors, and employees. Outside investors, brokers, and fund managers can also violate insider trading laws if they gain access to nonpublic ...

When did Enron file for bankruptcy?

On December 2, 2001, the Enron Corporation, a highly-respected and rapidly growing energy- trading company filed for bankruptcy. It had inflated its earnings by nearly $600 million in the 1994 ...

What is creative accounting?

CREATIVE ACCOUNTING can be defined as the deviation from the traditional methods used ...

What is a formal audit?

A formal audit is required to be conducted each FISCAL YEAR for companies that are public traded 7. AN AUDIT consists of an inspection of the accounting records and other information deemed necessary to express an opinion on the foulness and adequacy of the financial statements 8.

What is corporate governance?

CORPORATE GOVERNANCE can be defined as the system that is used by firms to control and direct their operations and the operations of their representatives, the employees 22. CORPORATE GOVERNANCE is the means through which firms ensure the needs of all times stockholders are satisfied 23.

What is short swing profit?

What is the 'Short-Swing Profit Rule. A Securities & Exchange Commission regulation that requires company insiders to return any profits made from the purchase and sale of company stock if both transactions occur within a six-month period.

How to be a fraudster?

1-Employ any device ,scheme, or artifice to defraud. 2-Make any untrue statement of a material fact or omit a material fact necessary to make the statements made not misleading, or. 3-Engage in any act, practice or course of business that operates as fraud or deceit upon any person.

What are the elements of a claim?

Elements of claim: (1) In connection with a purchase or sale of a security. (2) defendant made an untrue statement of fact, or misleading omission. (3) defendant acted with scienter ( intent to deceive or with reckless disregard for the truth ) (3) statement/omission was material .

What is a private claim?

private claim. At the time defendant bought or sold stock, defendant was in possession of material information that was nonpublic, and defendant was either a true insider, constructive insider, a tippee, or misappropriator. And defendant traded by use of any means or instrumentality of interstate commerce.