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Jared Jackson’s Dilemma

Donald Grunewald, Philip Baron

Journal of Business Ethics · 2005 · Volume 57 · Issue 3

DOI: 10.1007/s10551-004-3230-x

Abstract

Whether to use privileged information as a basis for a decision to sell stock is the central issue in this␣case. A conflict between a stockbroker’s perceived obligations to maximize clients stock values and protect their investments (fiduciary responsibility) and violating Security and Exchange Commission insider trading regulations must be resolved.

Keywords

boards of directors, conflict of interest, fiduciary responsibility to investors, insider trading, integrity of financial markets, nepotism

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