|
- UID
- 223355
- 帖子
- 249
- 主题
- 39
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-23
|
Insider Information
In Schweser Book 2, Exam 1 AM, question 4. A charter holder 1 tells holder 2 something like "I just talked to the CFO of a company and she told me that management believes that they will receive a large government contract that will increase sales by 20%"
Holder 2 buys stock for his fund. Schweser says this is not a violation since holder 2 did not receive "confidential information".
Why is this not insider information? It said that they "believe" they "will receive".. which means that the contract is not signed yet or finalized for it to be public... What do you guys think? |
|
发表于 2011-7-13 15:10
|