Ethics: Duties to Employers

Pg. 99 Required Readings, Example 3.

David Edwards, a trader at Wheeler a national brokerage firm, assists a customer in paying for the securities of Highland by using anticipated profits from the immediate sale of the same securities. Highland is not on Wheeler’s recommended list.

The example above was supposed to highlight how Edwards’ supervisor failed to supervise him. However I am confused as to what activities Edwards engaged in that were a violation.