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Financial and business terms. 2012.
Trading — Buying and selling securities. The New York Times Financial Glossary * * * trading trad‧ing [ˈtreɪdɪŋ] noun [uncountable] 1. COMMERCE the activity of operating as a business and buying and selling goods and services: • national policy on industry … Financial and business terms
trading — (1) The activity of buying and selling financial instruments or commodities for profit. Individuals or entities may engage in trading either strictly on their own behalf or for current or future transactions with customers. Trading profits may… … Financial and business terms
tippee — tip·pee /ˌti pē/ n: one who receives a tip esp. in insider trading Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
insider trading — n: the illegal use of esp. material inside information for profit in financial trading see also tippee Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. insider t … Law dictionary
SEC Rule 10b-5 — is one of the most important rules promulgated by the U.S. Securities and Exchange Commission, pursuant to its authority granted under the Securities Exchange Act of 1934. The rule prohibits any act or omission resulting in fraud or deceit in… … Wikipedia
Dirks Test — A standard used by the Securities and Exchange Commission (SEC) to determine whether someone who receives and acts on insider information (a tippee) is guilty of insider trading. The Dirks Test looks for two criteria 1. Whether the individual… … Investment dictionary
Louis Loss — (1914 1997) was a legal scholar considered by many to be the intellectual father of modern securities law. [http://www.hno.harvard.edu/gazette/1998/01.15/LouisLossEmerit.html Louis Loss, Emeritus Law Professor, Securities Law Specialist, Dies at… … Wikipedia
tip — A sum of money given, as to a servant, waiter, bellman, or the like, over and above actual cost or charge for services rendered, with the amount commonly varying upon the quality of such service. A form of gratuity for extra services rendered.… … Black's law dictionary
tipper — A person who possesses material inside information and who makes selective disclosure of such information for trading or other personal purposes; tippee is one who receives such information from tipper. Grumet v. Shearson/American Exp., Inc., D.C … Black's law dictionary
