标题: last ethics in AM [打印本页] 作者: islandgyrl 时间: 2013-3-30 20:44 标题: last ethics in AM
i vaguely remember this but it was about the leverage buyout of a retail company…
a friend from another company provides the analyst with EXTENSIVE financial data and says they WILL ANNOUNCE THE DEAL NEXT WEEK …analyst rejects it and thinks its overpriced….then client calls to ask about the same retail company analyst says sell short its overpriced…
which violation is it?
i said material nonpublic info
wat do u think?作者: BC_MBA_student 时间: 2013-3-30 20:44
myself and another got the same answer.作者: mik82 时间: 2013-3-30 20:44
What about that part “After careful analysis of available data he concluded that the stock is overpriced…” (or some similar wording)… the decision on whether the stock was over/underpriced has nothing to do with leveraged buyout.
Milos作者: hw0799 时间: 2013-3-30 20:44
@milos
But knowledge of the deal and her opinion that it would fail led her to analyze it to begin with hence I went the same route as woollycat.作者: AndyNZ 时间: 2013-3-30 20:44
I think i put that he did violate MNPI but not due diligence and care (what is the proper term?) This is because I remembered a question in Schweser that i got wrong for which the answer was that the analyst did violate MNPI because they gave an opnion but could not back it up and support it with evidence. hmm maybe it wasn’t MNPI….作者: transferpricing 时间: 2013-3-30 20:44
Yea it’s def a violation of Diligence and reasonable basis because he received the info from a second party and did not diligently verify the info himself.作者: bchadwick 时间: 2013-3-30 20:44
