SIE Exam Practice Question 321
Question: 321
Trader R hears news from an underwriter that his firm will be buying a large block of XYZ Co stock. If R buys shares of the stock before the news is made public, he is engaged in
Correct Answer: C
Explanation:
C - Front-running is defined as trading on material non-public information ahead of an imminent block sale in the same or related securities
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