Illegal To Buy And Sell Securities, In Essay

¶ … illegal to buy and sell securities, in breach of a fiduciary duty or other relationship of trust or confidence, while in possession of material, nonpublic information about the security (Insider Trading). This includes tipping such information, securities trading by the person tipped, and securities trading by those who misappropriate such information. The ethical issue that could include legalities is some practices in assisting and serving senior investors and include: communicating effectively with senior investors and ensuring appropriateness of investments (Protecting senior Investors: Compliance, Supervisory and Other Practices Use By Financial Firms in Serving Senior Investors, 2010). Albert using his uncle to include the uncle's friends as clients helped him build his client load and helped them build portfolios, but when things go sour and the clients start losing...

...

Taking Barry up on his offer to sell to him before orders for clients helps Albert build his own investments, but giving Barry inside information sets up legal issues for Albert and Barry. Choosing to invest in the high risk investments to make up for the losses from Mary losing her job is decreasing his and his client's values in the portfolios. This could cause client loss and his job in the end. Doing the favors for his boss may keep his boss happy, but could increase investigations and consequences for insider trading.
3. There is pressure where the uncle is concerned to help the uncle's friends because of the family ties. Pressure from his parents to do good in his job and marriage are also issues, more especially where Mary was terminated and…

Sources Used in Documents:

Bibliography

Protecting senior Investors: Compliance, Supervisory and Other Practices Use By Financial Firms in Serving Senior Investors. (2010, Aug 12). Retrieved from SEC: http://www.sec.gov/spotlight/seniors/seniorspracticesreport081210.pdf

Everything You Need to Know About Spills: Chemical Spills, Oil Spills and More. (n.d.). Retrieved from Environment, Health and Safety Online: http://www.ehso.com/Spills.htm

Insider Trading. (n.d.). Retrieved from SEC: http://www.sec.gov/answers/insider.htm


Cite this Document:

"Illegal To Buy And Sell Securities In" (2012, September 26) Retrieved April 19, 2024, from
https://www.paperdue.com/essay/illegal-to-buy-and-sell-securities-in-82294

"Illegal To Buy And Sell Securities In" 26 September 2012. Web.19 April. 2024. <
https://www.paperdue.com/essay/illegal-to-buy-and-sell-securities-in-82294>

"Illegal To Buy And Sell Securities In", 26 September 2012, Accessed.19 April. 2024,
https://www.paperdue.com/essay/illegal-to-buy-and-sell-securities-in-82294

Related Documents

Security measures You just received a brand new computer for your home environment. It comes with the latest Operating System. You also have an Internet Service Provider where you can easily use the existing network to connect to the Internet and to perform some online banking. Describe the steps you plan to go through to ensure this system remains as secure as possible. Be sure to discuss the details

Securities Law
PAGES 4 WORDS 1313

Corporation Transactions and Misrepresentation of Financial Reports Business law also called commercial law is a branch of civil law that governs business as well as, commercial transactions, and deals with both the private and public law. The branch created to ensure that, they are no exploitation and manipulation of people as well as rules and regulation in order to benefit some members of a business. This means that should one break

Proponents advanced that both legal and illegal immigration to California was a concrete and hard reality, which neither legislation nor strict controls could blot out. They envisioned a menial, lowly paid workforce, a source of cheap labor, on which the State would depend. They also held that opponents were racially motivated and too harsh towards non-whites who wanted to flee from poverty and despair. On the other hand, those

Globalization's Effect on the United States' National Security Objective of this paper is to explore the impact of globalization on the United States national security. The study defines globalization as the increasing global relations of people, corporate organization and government. There is no doubt that the globalization provides numerous benefits to the American economy. Despite the benefits derived from the globalization, the advent of globalization also provides some threats to the United

IPad Security Breach Assessing the Impact of the Apple iPad Security Breach Discuss Goatse Security firm possible objectives when they hacked into AT&T's Website. Goatse Security and firms like them are on a mission to expose what they see as lies and misleading claims of companies who claim to have much greater levels of security and stability in their products than they actually do. While the accounts of the iPad incident have been

However, just how one is supposed to recognize future threats is difficult to determine. After all, if one imagines that excessive support in intervention, arms supply, technology, and financial backing is a key factor, combined with a strong religious motivation of the recipient nation, group, or organization, Israel or at the very least the Israeli right wing may one day be as dangerous as any Islamic threat may pose