John Farrer is a senior executive and a shareholder in Secured Insurance Company Ltd. Part of the company's business is involved in share broking on the JSE Securities. It has come to his attention via a friend, Shore Shrewd that the price of platinum shares is about to escalate in the next few days. Based on this inside information, John buys 1 million shares at the going rate of R1.00 a share in his personal capacity. Two weeks later the platinum shares rocket to R5.20 per share. The Secured Insurance share portfolio strengthens immensely and John personally makes a huge profit.discuss ethical principles that is illustrated in this case
