Author Question: Jackie learned of insider trading information while talking to Mark, a director of a large ... (Read 39 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
Jackie learned of insider trading information while talking to Mark, a director of a large corporation. She took advantage of the information to buy stock and make a huge financial gain. If she is accused of violating securities law, what must the government prove in order to gain a conviction against Jackie?

Question 2

The requirements for import relief under U.S. law include all of the following except:
 A) increased imports.
 B) imports are substantial cause of serious injury or threaten injury.
 C) domestic industry produces a product that is like or directly competitive with the import.
 D) circumstances causing this situation were unforeseen.



lgoldst9

  • Sr. Member
  • ****
  • Posts: 372
Answer to Question 1

The government must prove that (1 ) Jackie knew the information was confidential; (2 ) that she knew it came from an insider who was violating his fiduciary duty, and (3 ) that the insider, Mark, expected some personal gain as a result of giving Jackie the insider information.

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library