Ethics question

Confuse- when you overhear a non public material info - you must escalate it- either to supervisor or compliance officer ? Or only to compliance officer…

2 similiar question like this gives me a different answer

The Code and Standards don’t require you to escalate it, the employee may make an informed decision on the appropriate course of action (that is permissible by the Code and Standards), or consult first with a supervisor/compliance officer. If an employee where to consult a supervisor about material nonpublic information, it must be a designated compliance supervisor (not simply your boss).