Tag: Insider Trading Prohibition Act

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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The ‘Tipping’ Point—Possible Shakeup To Insider Trading Rules – Corporate/Commercial Law – United States

Nevertheless, the proposed Insider Trading Prohibition Act (H.R. 2534) (Act) could clarify the legal haziness that financial institutions, corporate executives, and casual investors regularly wrestle, and at the same time raise new legal issues. As one of a few bills receiving bipartisan support in such a charged political environment, it appears that some version of the Act has a chance…

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