Dave,an Accountant,does Not Work for Emergent Company,but Wrong?fully Obtains Inside

Dave,an accountant,does not work for Emergent Company,but wrong?fully obtains inside information concerning Emergent.Based on the in?forma?tion,Dave buys and sells Emergent stock for personal gain.The Securities and Exchange Commission prose?cutes Dave,arguing that he is liable because he stole in?formation right?fully belonging to another.This argument is

A) the blue-sky theory.
B) the misappropriation theory.
C) the red-herring theory.
D) the tipper/tippee theory.

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