The government’s push against insider trading is being tested along several fronts, as the effort to curb illicit use of nonpublic information enters a new and arguably more difficult phase.
The latest flash points include the high-profile probe into billionaire investor Carl Icahn, professional golfer Phil Mickelson and sports bettor William “Billy” Walters, along with two recent setbacks for the Securities and Exchange Commission.
‘Enforcement 40’ for 2020
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