‘Enforcement 40’ for 2020
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By Securities Docket on January 20, 2016, 9:48 am
A loose but useful way to think about U.S. insider-trading law is that it is supposed to encourage research, but discourage cheating….. That is the intuition. It is not quite the law. It is not quite the law because, in the real world, it is not always easy to distinguish research from cheating…. via Justices Will Know […]
By Securities Docket on January 20, 2016, 9:45 am
Just when the Supreme Court appeared to be turning its collective attention away from the standard for insider trading convictions by denying the writ for certiorari in United States v. Newman, the Court today granted cert. in Salman v. United States, which addresses the “personal benefit” that a tipper must receive in an insider trading […]