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Obtaining inside information from another brokerage that results in the entrepreneur netting more than $2 million is considered:

1) Ethical and legal
2) Unethical and/or illegal
3) Cannot be determined

User Jurosh
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1 Answer

3 votes

Final answer:

Obtaining inside information that results in significant profit is unethical and illegal, as it constitutes insider trading and undermines market integrity.

Step-by-step explanation:

Obtaining inside information from another brokerage that results in the entrepreneur netting more than $2 million is considered unethical and/or illegal. Insider trading, which is the act of trading on material non-public information, is a serious offense in many jurisdictions worldwide. It is viewed as unfair because it allows those with privileged information to profit at the expense of others who do not have access to such information. The use of inside information for personal gain undermines the integrity of the financial markets and can lead to severe legal penalties, including fines and imprisonment. The narrative provided suggests that the temptation to earn higher profits can make it tempting for individuals to defy the law, but this does not justify the illegal actions described.

User Gsa
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