Daily Archives: August 23, 2017, 4:04 pm

Federal Court Upholds Martoma Insider-Trading Conviction – WSJ

In a 2-1 opinion, the Second U.S. Circuit Court of Appeals in Manhattan rejected Mr. Martoma’s request for a new trial, saying the jury was properly instructed. The ruling also found the government adequately showed at trial that the tipper received a financial benefit from providing inside information to Mr. Martoma, a key component of proving insider-trading crimes. via Federal…

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Improving the SEC’s Enforcement Program: A Ten-Point Blueprint for Reform

With the transition to a new Commission, the SEC should take the opportunity to review, evaluate and improve its enforcement program. In light of the SEC’s mission to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation, the SEC should take steps to ensure it is allocating resources properly, striking an appropriate balance between regulation and enforcement,…

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