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Dick Charles is a security analyst with a large brokerage company. Sean Donaldson is a money manager. They both listen in on a conference call for security analysts with the president of Stoppard, Inc., who states that in two days the company will be holding a press conference announcing a new product. Both Charles and Donaldson feel the news will increase the value of Stoppard. A. Charles can disseminate the information to clients, and Donaldson can purchase the stock for his clients immediately. B. Charles must wait until after the press conference to disseminate the information to clients, and Donaldson must wait until after the press conference to purchase the stock for his clients. C. Charles must wait until after the press conference to disseminate the information to clients, but Donaldson can purchase the stock for his clients immediately. |