misappropriation theory

misappropriation theory. Securities. The doctrine that a person who wrongfully uses confidential information to buy or sell securities in violation of a duty owed to the one who is the information source is guilty of securities fraud. [Cases: Securities Regulation 60.28(2.1). C.J.S. Securities Regulation §§ 179, 182.]

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词条贡献者

资深译员Betty，知名法学院国际金融法专业，擅长翻译各类与并购业务相关的法律文件。