Question 47David is the CEO of FutureTech Ltd., a publicly traded company. He becomes aware of confidential information that the company is about to announce a breakthrough technology, which is expected to significantly increase the company’s stock price. Before the information is made public, David shares this information with his friend, Laura, who buys a large number of FutureTech Ltd. shares. Following the public announcement, the stock price of FutureTech Ltd. soars, and Laura makes a substantial profit from her investment. The Financial Conduct Authority (FCA) investigates the trades as suspect. Which of the following best describes the legal implications for David and Laura under insider dealing laws?