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Question A5 Comment on the following: Most countries have regulations that prohibit insider trading. Insider trading refers to the use of private information about a

Question A5

Comment on the following:

Most countries have regulations that prohibit "insider trading". Insider trading refers to the use

of private information about a security to earn abnormal profits from trading that security. If the

market is semi-strong form efficient, these regulations that prohibit insider trading will not be

necessary.

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