Undercover agent

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it’s A 16 letters crossword puzzle definition.
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Possible Answers: SPY.

Last seen on: LA Times Crossword 20 Nov 18, Tuesday

Random information on the term “Undercover agent”:

A covert operation is a military operation that’s intended to conceal the identity of or allow plausible denial by the sponsor.[1] It is intended to create a political effect which can have implications in the military, intelligence or law enforcement arenas affecting either the internal population of a country or individuals outside it. Covert operations aim to secretly fulfill their mission objectives without anyone knowing who sponsored or carried out the operation, or in some cases, without anyone knowing that the operation has even occurred.

Under U.S. law, the Central Intelligence Agency (CIA) must lead covert operations unless the president finds that another agency should do so and properly informs the Congress. Normally, the CIA is the U.S. government agency legally allowed to carry out covert action.[2] The CIA’s authority to conduct covert action comes from the National Security Act of 1947.[3] President Ronald Reagan issued Executive Order 12333 titled United States Intelligence Activities in 1984. This order defined covert action as “special activities”, both political and military, that the US Government could legally deny. The CIA was also designated as the sole authority under the 1991 Intelligence Authorization Act and in Title 50 of the United States Code Section 413(e).[3][4] The CIA must have a “Presidential Finding” issued by the President of the United States in order to conduct these activities under the Hughes-Ryan amendment to the 1991 Intelligence Authorization Act.[2] These findings are then monitored by the oversight committees in both the U.S. Senate and the House of Representatives.[5] As a result of this framework, the CIA “receives more oversight from the Congress than any other agency in the federal government”.[6] The Special Activities Division (SAD) is a division of the CIA’s Directorate of Operations, responsible for Covert Action and “Special Activities”. These special activities include covert political influence and paramilitary operations.


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Undercover agent on Wikipedia

Random information on the term “SPY”:

The SPDR S&P 500 trust is an exchange-traded fund which trades on the NYSE Arca under the symbol (NYSE Arca: SPY). SPDR is an acronym for the Standard & Poor’s Depositary Receipts, the former name of the ETF. It is designed to track the S&P 500 stock market index. This fund is the largest ETF in the world. SPDR is a trademark of Standard and Poor’s Financial Services LLC,[1] a subsidiary of S&P Global. The ETF’s CUSIP is 78462F103.[2] The fund has a Net Expense Ratio of 0.0945%.[3] The value of one share of the ETF is worth approximately 1/10 of the cash S&P 500’s current level. On April 9, 2013 the average daily volume was 117 million shares, the highest volume in any ETF. The sponsor is PDR Services LLC, a wholly owned subsidiary of American Stock Exchange LLC. Dividends are distributed quarterly, and are based on the accumulated stock dividends held in trust, less any expenses of the trust.

The Standard & Poor’s Depositary Receipts were launched by Boston asset manager State Street Global Advisors (SSgA) on January 22, 1993 as the first exchange-traded fund in the United States (preceded by the short-lived Index Participation Shares that launched in 1989); and are part of the SPDRs ETF chain.[4][5][6] Designed and developed by American Stock Exchange executives Nathan Most and Steven Bloom,[7][8] the fund first traded on that market, but has since been listed elsewhere, including the New York Stock Exchange (NYSE Arca: SPY).

SPY on Wikipedia