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Browse: Home / 2015 / January / 14 / Landmark Ruling Restricting Insider Trading Prosecutions Is Dead Wrong, U.S. Says – Businessweek

Landmark Ruling Restricting Insider Trading Prosecutions Is Dead Wrong, U.S. Says – Businessweek

By Securities Docket on January 14, 2015, 9:43 am

A federal appeals court ruling that makes it harder to obtain insider-trading convictions was called “dramatically” wrong in the U.S. government’s first formal response to the sweeping decision.

The criticism of last month’s decision was made in a separate case and may indicate the Justice Department’s intention to challenge it. The opinion by a panel of three judges dealt a blow to a multiyear insider-trading probe that netted more than 85 convictions, imperiling a handful of them.

via Landmark Ruling Restricting Insider Trading Prosecutions Is Dead Wrong, U.S. Says – Businessweek

Posted in Criminal, SEC, Top | Tagged Insider Trading

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