In sum, if the Senate passes and the President signs it, this legislation will create a standard that Congress has tried to achieve for decades. Recognizing the polarization of our current political climate during a presidential election year, many may suggest that any effort to enact this legislation will likely be unsuccessful.
However, given the overwhelming bi-partisan support in the House, this may be the most significant opportunity proponents of this legislation may ever have to, finally, promote clarity in the insider trading field. Maybe, just maybe, we have arrived at our destination.
‘Enforcement 40’ for 2020
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