Paul Jones is a chemical industry research analyst for a large brokerage company.

Vendor: CMT Association
Product: CMT-Level-II
Update on: Jul 30, 2025
Questions: 262

CMT Association CMT-Level-II Question Answer

Paul Jones is a chemical industry research analyst for a large brokerage company. That industry is currently seeing an increase in mergers and acquisitions. While flying through Chicago, Jones sees several senior

officers who she knows are from the largest and fourth largest chemical companies walk into a conference room. She concludes that negotiations for an acquisition might be taking place. Jones:

may not act or cause others to act on this information.

may not act but advise others to act on this information.

may use this information to support an investment recommendation.

should inform her compliance officer that she has material nonpublic information on firms she covers.