if you overhear the director talking about the non-tender issue (such as unrealized loss,etc), and the answers do not include choice of urgying disclosure to public, what can you do?
I have met such a question and the answer is simply to trade on the information so as to protect the clients' benefit. how to comprehende this?
thanks!
yes i remember a similar one in mock1.but i really doubt the answer; since it may violate "due diligent" rlue. it's just "overhear"!
any other comments?
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