Question: 1. a) Front running, also known as tailgating, is the prohibited practice of entering into an equity (stock) trade, option, futures contract, derivative, or security-based
1. a) Front running, also known as tailgating, is the prohibited practice of entering into an equity (stock) trade, option, futures contract, derivative, or security-based swap to capitalize on advance, non-public knowledge of a large ("block") pending transaction that will influence the price of the underlying security.
This practise is a violation of which form of the Efficient Market Hypothesis (Strong, semi-strong or weak form)? Why?
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