Reinventing the wheel at apex door company Essay

In 2011, a stock trader of a well-known investment unwavering along with two alleged accomplices was convicted of insider trading. The lawyers allegedly browsed around their law solid picking up tuition regarding corporate deals and would provide it to a person who would then pass 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. underlying ProblemScreening out the potential bad stock traders and only those stock traders with good set and can be trusted with confidential information are selected. Find a way to dominance the behaviours of those already in the firm who are prone to engage in inside trading.III. ConclusionThe firm shows that they have a poor system in selecting employees since unethical employees are equal to(p) to enter their company. They also possess 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 between top management and the employees which lead to this class of behaviour by employees.IV. RecommendationDue to the alarming case of insider trading we recommend that the firm should establish their employee endurance program in order to select the right personnel with ethical values. With this improved selection program, top management would be able to identify who should be selected and who should be not.