材料全屏 Jaz plc is listed on the London Stock Exchange. Kip works for Jaz plc as an accountant. Whilst drawing up the annual accounts, Kip noticed that Jaz plc's profits were better than anyone could have expected. As a consequence of this knowledge, he bought shares in Jaz plc before its good results were announced. He made a substantial profit on the share dealing. Kip also told his friend Lu about the results before they were announced. Lu also bought shares in Jaz plc. 43 【论述题】 State the definition of inside information
【参考答案及解析】
The Criminal Justice Act 1993 defines inside information as information: • Relating to particular securities • Being specific or precise • Not made public • Likely to have a significant effect on the price of securities
The Criminal Justice Act 1993 defines inside information as information: • Relating to particular securities • Being specific or precise • Not made public • Likely to have a significant effect on the price of securities