Material Nonpublic Information
Diligence and Reasonable Basis
Fair Dealing
The integrity of capital markets
Kate's employer
The company's clients
Kate is protecting clients' interests if she discloses material information to RIS portfolio managers.
Kate had made a prior determination to recommend selling company stock.
The CFO selectively disclosed material information to Kate.
Share the information and her “sell” recommendation with the portfolio managers at RIS to protect clients’ interests.
Not share the information disclosed by the CFO or her “sell” recommendation with the portfolio managers at RIS.
Share the information and her “sell” recommendation with the portfolio managers at RIS only after she conducts more research.