May 2021 1 119 Report
Help! In class were learning about “insider trading” scandal involving KPMG LLP.?

we were given 20 question about it but i dont know these particular ones. Can someone please help.

2) Which clients of KPMG were the subject of these “insider trading” violations?

3) What type of corporate information was the subject of improper disclosure by the KPMG partner?

4) How did the KPMG partner personally benefit from his illegal actions?

5) How was this illegal activity discovered by the US government?

6) Was the improperly disclosed corporate information “important” or “material information”? Is it a requirement for a violation that the improperly disclosed information be “important”? Why or why not?

7) Should KPMG be responsible and liable for the illegal actions of its partners and employees?

8) How should a firm like KPMG try to prevent its employees from improperly disclosing or using confidential information belonging to its clients?

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