‘Enforcement 40’ for 2020
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By Securities Docket on October 5, 2015, 6:14 pm
US attorney for Manhattan Preet Bharara warned of a “bonanza” for friends and family of the rich after the Supreme Court declined to hear a Department of Justice request to reverse two overturned convictions on insider trading. via Preet Bharara warns of insider trading ‘bonanza’ – FT.com
By Securities Docket on October 5, 2015, 10:24 am
Today, the the U.S. Supreme Court specifically included the landmark insider trading case of U.S. v. Newman on a lengthy list of cases in which the Court denied certiorari (will not hear on appeal). The Court’s refusal to hear the case means that Newman will continue to pose a major, often insurmountable obstacle to the […]