Information Materiality

E

According to Standard V (A), information is "material" if it would significantly alter the total mix of information currently available regarding a security.

The correct answer to the question is E. material.

Material information refers to any information that is significant or relevant enough to influence the decision-making process of a reasonable investor. It includes information that, if disclosed, is likely to have an impact on the price of a security. In other words, material information is information that investors would consider important and would want to know before making an investment decision.

Option A, inside information, refers to non-public information that gives an individual an unfair advantage over other investors. Inside information is usually not available to the general public and trading based on it is illegal.

Option C, breached, does not accurately describe the concept of material information. Breaching refers to violating or breaking a rule, agreement, or law, and it is not directly related to the significance of information.

Option D, secured, is unrelated to the concept of material information. It generally refers to the protection or safeguarding of information, but it does not address the importance or impact of the information on investment decisions.

Option F, tipable, is not a term used in the context of investment information. It does not convey any meaningful concept related to the significance of information in influencing investment decisions.

Therefore, the most appropriate answer is E. material, as it accurately represents information that would likely impact security prices or be of interest to reasonable investors before making investment decisions.