Daily Archives: December 11, 2019, 1:43 pm

Expanding Insider Trading? House of Representatives Passes the “Insider Trading Prohibition Act” With Bi-partisan Approval | Ideas | Insights | Baker Botts

On December 5, 2019, by an overwhelming 410-13 majority, the U.S. House of Representatives passed the “Insider Trading Prohibition Act” (the “ITPA” or the “Act”). While still subject to Senate approval, the passage of the ITPA in the House is significant because it shows wide, bi-partisan approval for codifying – and potentially broadening – the prohibitions against insider trading. The…

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