The "tipper" of inside information can be convicted of a crime,but the "tippee" cannot.

Name: The "tipper" of inside information can be convicted of a crime,but the "tippee" cannot.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is false. Both the "tipper" and the "tippee" can be convicted of a crime for insider trading. The "tipper" can be charged for disclosing inside information and the "tippee" can be charged for trading or profiting from that insider information.

The "Tipper" of Inside Information Can Be Convicted of a Crime,but