The misappropriation doctrine expands the law beyond individuals who work for a corporation and criminally punishes all individuals who take and use inside corporate information that is in the possession of their employer.

Question

Quizplus · Accepted Answer

The misappropriation doctrine applies to individuals who misappropriate confidential information for securities trading purposes, regardless of whether they work for the corporation whose securities are traded.

The Misappropriation Doctrine Expands the Law Beyond Individuals Who Work