PRC-3 · Chapter 6 · Question 24 of 68
An IT administrator secretly reads an email from the CEO discussing a highly profitable acquisition that will be announced next week. The IT administrator immediately buys company shares to profit. What is this called?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Insider trading
Explanation
Insider trading is the illegal and unethical practice of trading on the stock exchange based on access to confidential, non-public information.
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