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Authors

Burke Gappmayer

Abstract

"Knowledge itself is power but "knowledge without integrity is dangerous and dreadful, therefore, the law has sought to prevent individuals from using nonpublic knowledge or information they have gained by virtue of their particular position for their own benefit at the expense of others. For example, members of a corporation's board of directors cannot use nonpublic information obtained by virtue of their positions on the board to further their own interests at the expense of the corporation, and individuals who have access to a public corporation's inside information cannot trade on such information at the expense of the corporation or other investors.

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