Marco works in the Treasury department of a major corporation. His boss has asked him to analyze a takeover offer from a competitor. The offer has not yet been made public.
A) Marco should call his stockbroker and sell shares of his company's stock if the offer looks promising.
B) Marco cannot invest in his own name but he can ask his mother to buy stock on his behalf.
C) Marco is only a lower level employee so he isn't covered by insider trading laws.
D) Because the information is not yet public, Marco must not act on it.
Correct Answer:
Verified
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