Question
R is a janitor for SB Inc. and becomes aware of material inside information about the company while cleaning their trash. R puts his life
R is a janitor for SB Inc. and becomes aware of material inside information about the company while cleaning their trash. R puts his life savings in SB stock and makes millions!
The SEC prosecutes R, arguing he violated the law by using information rightfully belonging to SB Inc. This legal theory is known as:
| a. | blue sky | |
| b. | misappropriation | |
| c. | tipper/tippee | |
| d. | sour grapes |
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CIA Part 1 Essentials Of Internal Auditing Certified Internal Auditor 2019
Authors: Muhammad Zain
1st Edition
1091949182, 978-1091949188
