In the context of the securities market, a(n) ________ is a person who acts for his or her personal account on information knowing that the information is not available to the public.
A) bona fide purchaser
B) tippee
C) whistle-blower
D) boundary spanner

Question

Quizplus · Accepted Answer

A person who acts for their personal account on non-public information is known as a tippee. This is a violation of insider trading laws, and individuals who engage in such activity can be subject to legal action. The other choices are not relevant to the definition of a tippee in the securities market.

In the Context of the Securities Market, A(n) ________ Is