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Robert A Wrote:
——————————————————-
> What you you have thought about this altered fact
> pattern:
>
> Martin returned to the office, checked a couple of
> online sources, and then placed an order to
> purchase Datagen FOR HIS OWN ACCOUNT.
>
> ..and answer stem A was, “not committed a
> violation”?
There was a similar question to that somewhere. Basically all he is doing is buying for his own account based on a rumor. There is no rule against making personal investments without proper basis. The fact is that the is not a material inside fact. It had nothing to do with the business the two executives conduct with datagen. It was a rumor regarding the action of a brokerage.

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