Marion klatt, cfa, is a representative for thiel financial network. klatt received a phone call at home from william kind, a junior executive at westtown development company, asking whether klatt had heard that westtown had just reached an agreement to acquire a major shopping mall chain at a very favorable price. (klatt had not heard this news, and klatt was able to confirm that the information had not yet been made public.) kind requested that klatt acquire 10,000 shares of westtown for kind's personal account. klatt should:
a) not acquire the shares until he has contacted westtown's management and encouraged them to publicly announce the merger discussion.
b) not acquire the shares.
c) not acquire the shares until the information is made public.