Define insider trading (within the US). Give an example of insider trading from the news (include a link to the article discussing the insider trading). Summarize the example that you found: Who was involved (allegedly)? What did they do? Has the case been resolved? If so, what was the outcome?

Define efficient markets. State whether you believe current US stock markets represent the strong form, the semi-strong form, or the weak form of the efficient market hypothesis. Explain why you believe this.