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Friendship alone is insufficient "in the absence of proof of a meaningfully close personal relationship that generates an exchange that is objective, consequential, and represents at least a potential gain of a pecuniary or similarly valuable nature".
The appeals court held that the government must show that the tipper dispensed the information as part of "an exchange that is objective, consequential, and represents at least a potential gain of a pecuniary or similarly valuable nature".
According to the decision, agencies such as SEC would have to prove "a meaningfully close personal relationship that generates an exchange that is objective, consequential and represents at least a potential gain of a pecuniary or similarly valuable nature" between the source and the recipient of the insider information.
In 2013, the 2nd Circuit Court ruled in U.S. v. Newman that in order to convict someone of insider trading, prosecutors must prove that the insider benefited in an objective, consequential and valuable way.
Creating fora for greater integration between the attributional and consequential communities, and with end user stakeholders to develop effective and objective tools Developing transparent mechanisms to convey uncertainty and comparability Data compilations/research to fill data gaps and research into and validation of feedback mechanisms in the methods.
But consequential?
On subjects consequential or otherwise, Mr.
That degree of radiation is not consequential".
Consequential amendments to other provisions.
Other anachronisms are more consequential.
"This election is so consequential".
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