Respuesta :
Kabelo is looking to purchase stock in hustle bay technology. If the friend had shared this information, it would most likely have been classified as Insider Trading.
Option B is correct .
Insider trading :
Trading in securities with information that is not generally available to the public is known as insider trading. Insider trading results in this situation. Insider trading involves employees trading in the stock or other securities of a public company with materially confidential information about the company. Depending on the time the insider makes the trade and the country's laws, insider trading can be legal or illegal.
Why is insider trading unethical and what does it mean?
Apart from being associated with fraud or breach of fiduciary duty, insider trading is the practice of making financial investments using information that other people are unaware of. Since these actions have an unfair impact on others, it is evident that they should be regarded as morally reprehensible.
Question is incomplete, missing option are given below :
kabelo is looking to purchase stock in hustle bay technology. his best friend is a board member with hustle bay. kabelo asks his friend to verify rumors of a potential merger hustle bay is considering. the friend apologizes and tells kabelo that he is unable to share anything with him. if the friend had shared this information, it would most likely have been classified as
A. Underwriting
B. insider trading
C. capital gains
D. whistle blowing
Learn more about insider trading :
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