NO.PZ2023021602000025
问题如下:
Claire Jones, CFA, is an analyst following natural gas companies in the United States. At an industry energy conference, the chief financial officer of Alpine Energy states that the company is interested in making strategic acquisitions. At a separate event, Alpine's head of exploration commented that he is bullish on natural gas production prospects within northeastern Pennsylvania. Jones is aware that Alpine currently has very little exposure to this region. She also knows another company in her universe, Pure Energy, Inc. is based in northeastern Pennsylvania and controls significant assets in the area. Pure Energy is highly leveraged, and Jones believes it will need to raise additional capital or partner with another firm to move to the production phase with their assets. Jones attempts to contact Alpine's chief executive officer with an unrelated question and is told he is unavailable because he is on a business trip to northeastern Pennsylvania. Jones updates her research on Pure Energy and then recommends the stock to Lisa Wong, CFA, a portfolio manager, who purchases significant positions in client accounts. The following week, Pure Energy announces it has entered into an agreement to be purchased by Alpine for a significant premium. Has either Jones or Wong most likely violated standards with regard to the integrity of capital markets?选项:
A.Yes, Jones' recommendation is based on insider information
B.No
C.Yes, both Jones and Wong have acted on insider information
解释:
Jones has used the mosaic theory to combine nonmaterial, nonpublic information with material public information.请问JONES把这事情单独告诉WONG了是否属于内幕信息?因为目前Jones的消息源复合马赛克理论,所以Jones和Wong都不违反。 那假如JONES的消息源重大非公开,那么WONG也就属于violation了,对吗?