A senior manager at a publicly traded corporation has just found out that the company is about to report major profit increases, which will likely raise the share prices of the firm. She calls her best friend and tells her that she might want to buy shares in the firm today before the price goes up. Group of answer choices This would be insider trading only if the friend actually bought the shares and then sold them later at a profit. This is insider trading as this information should not have been divulged to a friend. This would not be insider trading as the manager told it to a friend but did not do anything to enrich herself. This would not be insider trading, especially if the manager made it clear that this information is off the record.

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