微信扫一扫
实时资讯全掌握
|
Steve Waters, a CFA Level I candidate, has decided to enter into a long position of Farmco stock. Since Farmco is thinly traded, Waters is concerned the order will overwhelm the liquidity of Farmco and the price will surge. Waters engages in a series of block trades in order to accomplish the purchase. According to Standard II(B), Market Manipulation, Waters has engaged in: A. transaction-based manipulation, but not information-based manipulation. B. both transaction-based manipulation and information-based manipulation. C. neither transaction-based manipulation nor information-based manipulation. |