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After extensive research, retired portfolio manager David Sandridge, CFA, purchased 30,000 shares of a small public company. He then posted messages on several Internet bulletin boards. The messages read, "This stock is going up once the pending patents are released. You would be crazy to sell anything below $5 in a few months from now. The stock is a buy at anything below $5. I just bought 30 K shares for my personal account. I have done some close research on these guys." According to the Standards of Practice Handbook, Sandridge most likely violated the Standard or Standards associated with: A:Conflicts of Interest and Integrity of Capital Markets. B: Integrity of Capital Markets, but not Conflicts of Interest. C: Conflicts of Interest, but not Integrity of Capital Markets. |
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