Securities: Spoofing and Insider Trading
Research and summarize the essential requirements of affirmative action. Where, how, and why is it applied?
Consider the pros and cons of affirmative action based on your review of the required readings and your own research. Include case law in your analysis.
Take a position either pro or against continuation of affirmative action as a legal requirement of covered employers and universities. Present your position and discuss your reasons for your position. This should be more than just a personal opinion. Support your analysis with examples, which can include objective personal experience and observations.
In your initial Discussion post cover the following in reporting the case:
Briefly explain spoofing or insider trading (whichever one you have chosen) and why it is illegal (e.g., effect on business, society);
What is the specific statute and/or regulation violated by this conduct?
Identify the SEC case you have selected and provide a link to the case;
Describe the violation illustrated by the case, e.g. Who are the parties? What did the violator(s) do that constituted spoofing or insider trading? Who was harmed by the violation?
What is the ethical framework you observe was followed by the violator(s) in committing the illegal conduct? (Explain.)
Explain how the case was resolved, e.g., What happened to the violator(s)? What were the penalties levied against the violator(s), if any?
Do you believe the result is a just resolution of the violation? Why or why not?
Share any other thoughts you have on this topic.
