Someone you know has knowledge of an impending merger between two companies. The combination of the two firms will certainly change the market dynamics of the industry and owners of stock in either company will greatly benefit, once the news of the merger is publicly announced.

what is the legal implication of this case according to SEC (securities and exchange commision)?

please the answer should refer to the case study.

please provide a bullet point of the legal implications. thanks :)

please i need the answer as soon as possible. in the next 5hours if that is ok, thank you :)