Charu is a chartered accountant in Parka...

Charu is a chartered accountant in Parkash Ltd. During the coures of meeting with directors, she came to know that as against the previous years, this year company is going to declare handsome dividend offer. It is observed that when scuh news becomes public then the share-market jumps up. Considering it, Charu purchased large number of company's shares before this news reached the public.
(1) Identify the type of malpractice used by Charu.
(2) Name the authority which reguates such behaviour. Write any three other functions of this autherity.

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Charu is a chartered accounted in Prakash Ltd. During the coures of meeting with directors she came to know that as against the previous years, this year company is going to declare handsome dividend offer. It is observed that when such news becomes public then the share market jumps up. Considering it, Charu purchased large number of company's shares before this news reached the public. (1) Identify the type of malpracties used by Charu. (2) Name the authority which regulates such behaviour. Write any three other funtions of this authoity.

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