Prosecutors will now have to decide whether Mr. DeCinces and Drew Peterson will be convincing witnesses if it wants to pursue criminal cases against the as-yet-unidentified tipper or tippee in their cases. |
When the person does not receive any financial benefit from the tip or have a close personal relationship with the tippee, then proving the existence of a mutually beneficial arrangement can be more difficult. |
The next defense can be that there was no contact between a tipper and tippee during the period when the trading took place, so that the information could not have been passed. |
Oil and Gas Journal's editor, Bob Tippee, proclaims that commodity markets work. |
Even though Mr. London does not appear to have traded for his own benefit, under the law, he is responsible for any profits of his tippee and will have to pay the price. |
With two expectant mums and seven new mums all based at the same office, Tommee Tippee is making the most of firsthand experience. |