The University of Michigan Consumer Sentiment survey is a widely watched index that serves as a barometer

Question:

The University of Michigan Consumer Sentiment survey is a widely watched index that serves as a barometer of economic activity. Within seconds after this index's monthly public release, stock markets routinely move significantly. Unknown to the general public, the University of Michigan was collecting a minimum of a million dollars annually for releasing the headline results to select investment firms before the general public announcement occurred. Was this legal or ethical?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: