Who did wrong here pursuant to securities legislation

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Reference no: EM133652385

Assignment:

Bindi told Smith about a takeover offer that has come on for the company that she works for. Smith tells Chou all about it (who is a mutual friend of both and knows it is delicate information). Chou ends up buying shares for a big profit (which tips off the regulators). Who did something wrong here pursuant to securities legislation?

Reference no: EM133652385

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