Question 1 of 30
Anya Petrova, a buy-side equity trader at a large Canadian pension fund, receives an order to purchase 50,000 shares of Maple Leaf Resources (MLR) for the fund\'s portfolio. Anya believes that this large order will likely drive up the price of MLR. Considering her fiduciary duty and the regulations governing trading conduct in Canada, which of the following actions would represent the most egregious violation of trading rules and ethical responsibilities?
Anya executes a personal trade to purchase 5,000 shares of MLR before placing the fund's order, anticipating a price increase due to the fund's purchase.
Anya informs her brother, who is not associated with the pension fund, about the impending large purchase of MLR shares, suggesting he might want to consider investing.
Anya delays placing the fund's order for 30 minutes to observe the market's reaction to other trades, hoping to get a better price for the fund.
Anya places the fund's order immediately but instructs the broker to execute it at a price $0.01 higher than the current market price to ensure immediate execution.

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