According to the ethical and professional principles that are applicable to the investment industry the client's group interest should be ranked first.
Trading that can be performed on insider information that is available is not allowed. This is not allowed as it will harm all investors by eroding their confidence in the trading markets. This is incorrect as trading on insider information will lead to the interest of financial analysts over the client. So it goes against the basics of fundamental ethical and professional principles.
It does not matter whether the insider information is beneficial to their client or not. This is because all the other clients will suffer due to them not knowing this information. Therefore, even if the insider trade would benefit the client, it is a violation of fundamental ethical and professional principles.
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