Which of the following best illustrates an 'insider' engaging in illegal insider trading?

1. AA shareholder selling after a press release
2. BA financial news reporter buying shares after public announcements
3. CA director buying shares upon learning confidential earnings before public release✓ Correct answer
4. DA broker executing a limit order as instructed

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• A wash sale for the purpose of market manipulation involves:
• Matched orders are best described as:
• If a corporate insider gives confidential information to a friend who then trades on it, the friend is known as:
• Which of the following best describes 'painting the tape' in securities trading?