Business / Taxes / Piggyback: A broker who piggybacks acts illegally by buying or selling a security for his or her own account after — and presumably because — a client has authorized that same transaction. One speculation is that a broker in this situation thinks the client is acting on information that the broker doesn’t have.
Business / Finance / Piggybacking: A broker who trading stocks, bonds or commodities in a personal account following a trade just made for a customer. The broker assumes that the customer is making the trade on valuable inside informat MORE
Business / Finance / Piggyback Registration: When a securities underwriter allows existing holdings of shares in a corporation to be sold in combination with an offering of new public shares. MORE