ShmoopTube

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finance a la shmoop - What is an affiliated person or affiliated investor

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ah Phil he eight ed.. affiliated meaning with or connected to or legally

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conjoined at the hip that's affiliated well why does the concept even matter or

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exists in finance land well because too many times in the dark [Ancient ornament appears]

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days before the SEC was invented family members seemed to always get spectacular

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breaks in knowing just when to buy stock right before the big merger happened

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well the SEC took notice and basically declared that affiliated people like

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family members or people living under the same roof or connected in various

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and sundry other you know close means well all of them would be treated more [The Daily Shmoop newspaper page]

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or less as the same person as far as the law was concerned they created this

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notion of an affiliate so that Joe Sixpack would have at least as fair a [Joe Sixpack appears]

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chance to get positive investment returns at least as close as you know

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the the close-knit cousin living in the guest home of the CEO of whatever

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dot-com only back then it was just called whatever simply said if you're an

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affiliate of an insider ie someone who can't just buy and sell shares of a

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given company whenever they want because they have inside knowledge then you the

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affiliate are legally treated as if you yourself are the insider that's an [Insider and affiliate side by side]

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affiliate so don't let what happen to Phil happen to you [Phil standing behind bars]

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