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three tippees liable? Why? 9. Janice needed psychological counseling and hired Dr. Harrold, a board-certified psychiatrist, to assist her. During a counseling session, Janice indicated that there was a great deal of stress in her life and the life of her husband at the present time because the company for which her husband served as chief executive officer was contemplating a merger with another company. Janice provided sufficient information for Harrold to reasonably conclude that the merger was going to occur. Harrold traded on the information and made a large profit. Did Harrold violate securities law? Why