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During an onsite company visit, Marsha Ward, CFA, accidentally overheard the Chief Executive Officer(CEO) of Stargazer, Inc. discussing the company's pending tender offer to purchase Dynamica Enterprises, a retailer of Stargazer products, According to the Standards of practice Handbook, Ward may not use the information to take investment action because: Select exactly 1 answer(s) from the following: the information relates to a tender offer. she does not have a reasonably and adequate basis for taking investment action. acting on the information would breach a duty to both Stargazer and Dynamica. |
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