You work in the finance division of a NYSE company. You have just learned that your supervisor has been using information on quarterly returns, prior to the time they are made public, to trade in the company's stock. You:

Question

Quizplus · Accepted Answer

Using insider information to trade on a company's stock is illegal and violates SEC regulations. It is the responsibility of all employees to report such activities. Choosing not to do so could result in legal and ethical consequences for both the supervisor and the employee.

You Work in the Finance Division of a NYSE Company