‘Enforcement 40’ for 2020
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By Securities Docket on April 28, 2020, 8:05 am
“The definition of insider trading is wholly judge-made: Every element of the crime and the scope of regulated individuals subject to it was divined by judges, not elected legislators,” Levoff’s lawyer Kevin Marino said in a filing. “This alone renders the criminal prosecution of insider trading unconstitutional.” Courts for years have upheld criminal indictments in […]