Reinventing the wheel at apex door company Essay

In 2011, a channel bargainer of a well-known investment firm along with 2 alleged accomplices was convicted of intimater trading. The lawyers allegedly browsed around their law firm picking up information regarding corporate deals and would provide it to a person who would then make the inside information to the trader. This information was then used by the trader for him to earn millions of dollars. Since the information came from the lawyers, the trader would thank them by providing envelopes filled with cash.II. profound ProblemScreening out the potential bad stock traders and entirely those stock traders with good values and can be trusted with cloak-and-dagger information atomic number 18 selected. Find a way to control the behaviours of those already in the firm who are prone to engage in inside trading.III. ConclusionThe firm shows that they have a misfortunate system in selecting employees since unethical employees are subject to enter their company. They also poss ess poor security regarding with the works of their employees that is why most probably some employees are able to do insider trading. And lastly there is limited communication among top management and the employees which lead to this kind of behaviour by employees.IV. passportDue to the alarming case of insider trading we recommend that the firm should intone their employee selection program in order to select the right violence with ethical values. With this improved selection program, top management would be able to identify who should be selected and who should be not.