Business Studies, asked by niharikasingh2434, 29 days ago

director of a company revealed to his friend who is a broker, information about the bonus ssue that the company is going to make shortly. The broker purchased a huge amount of the ompany securities and sold them off at a higher price after the bonus issue was made. He ence made a huge profit which he shared with his director friend as gratitude. (i) Which malpractice is being highlighted here? (ii) Which function of SEBI prohibits such practise?​

Answers

Answered by t2820bba049
1

Answer:

I) insider trading ii) regulatory function

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