A Fiduciary's Undisclosed,self-Serving Use of a Principal's Information to Purchase

question 37

True/False

A fiduciary's undisclosed,self-serving use of a principal's information to purchase or sell securities,in breach of a duty of loyalty and confidentiality,defrauds the principal of the exclusive use of that information,but does not make the fiduciary an insider.

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Definitions:

Sexual Relationship

A relationship between individuals involving sexual activity, intimacy, and often a level of emotional connection.

Therapist

A professional trained to provide mental health support, guidance, and treatment to individuals, couples, or groups.

Client

In a therapeutic or professional context, this term refers to an individual who is receiving services or advice from a professional, such as a therapist or counselor.

Enhanced-Interrogation

A term often associated with methods used to extract information that may employ aggressive techniques, bordering on torture.