标题: Ethics- Ambiguous effect and Non-Public info [打印本页] 作者: SkipE99 时间: 2013-4-11 23:52 标题: Ethics- Ambiguous effect and Non-Public info
Standard II - If price effect of non-public information is unknown. Is this considered non-material?
What about options strategies that exploit large movements (i.e. Straddles). Wouldn’t knowing something is going on with a company be considered material in that case?
Thanks in advance.作者: kd26gioi 时间: 2013-4-11 23:56
If by unknown you mean “neither the direction nor magnitude of market price change can be estimated” then yes, I would think that the information is nonmaterial.作者: YAhmed 时间: 2013-4-11 23:59
Yes to unknown. Thanks for your quick response.作者: JustasS 时间: 2013-4-12 00:08
^ Yes. Combine non-material non-public info – mosaic.
