Tuesday, January 4, 2005

It is not a level field---Tipping by Irvine, Lipson, & Puckett

SSRN-Tipping by Paul Irvine, Marc Lipson, Andy Puckett

No we are not talking what you leave at restaurants. Tipping here is the idea of giving stock tips to select customers prior releasing the recommendation to all of their clients. It is important to realize that tipping is not illegal. While some brokerage firms have rules against it, tipping in and of itself is not illegal.

Irvine, Lipson,

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