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Susan, an executive in a pharmaceutical company, sells her company's stock based on confidential information about an upcoming FDA decision that will negatively impact the stock price. What illegal practice is Susan engaging in?Question 3Select one:1.Ponzi scheme2.Dummy corporations3.Insider trading4.Market manipulation

Question

Susan, an executive in a pharmaceutical company, sells her company's stock based on confidential information about an upcoming FDA decision that will negatively impact the stock price. What illegal practice is Susan engaging in?Question 3Select one:1.Ponzi scheme2.Dummy corporations3.Insider trading4.Market manipulation

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Solution

Susan is engaging in Insider trading.

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