When an insider releases material insider information

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When an insider releases material insider information to a non-insider tippee the tipper is liable for-
A) The tipper's own trading only.
B) The profits of all traders during the period before the information becomes public.
C) The profits of both the immediate tippee, and the profits of any remote tippees.
D) The tippee's profits, but not the profits made by any remote tippees

Reference no: EM13111125

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