American Psychological Association (2010). Publication manual of the American Psychological Association (6th ed.). (2010). Washington, DC: American Psychological Association. View
As an ethical matter, sticking to mutual funds and blind trusts seems like much better advice. But as an insider trading matter, the important question is whether the aides' trades were made on the basis of material nonpublic information. If they really were made by the brokers without consulting with the aides, then they were presumably fine. Of course, it does seem a little weird to give your broker discretion to trade a lot of individual stocks that you happen to regulate, and it might give rise to suspicion that you are having some secret conversations with the broker to nudge him in the direction you prefer -- but those are suspicions that regulators and prosecutors regularly investigate in corporate insider trading, and could presumably investigate here if they wanted to.
Theresa May promising the concluding sentence of a mid 2:1 undergraduate history essay …
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