SEC Proposes Selective Disclosure Restrictions and Rules Clarifying Insider Trading Laws
Cadwalader, Wickersham & Taft LLP
On December 15, 1999, the Securities Exchange Commission ("SEC") released proposed rules which, if enacted, w.
SEC Clarifies Insider Trading Rules
Faegre & Benson LLP
This article reviews the SEC's release clarifying certain principles of insider trading. In addition, this article summarizes Regulation FD, a new regulation that prohibits public companies from selectively disclosing material information to analysts and institutional investors before making the same disclosures to individual investors and the general public.
Court Rejects "Knowing Possession" as Basis for Insider Trading Liability
Deborah R Meshulam of DLA Piper LLP
This article discusses the opinion in SEC v. Adler, 137 F.3d 1325, where the Eleventh Circuit adopted a test requiring the SEC to show that the defendant in an insider trading case used the material nonpublic information when trading.
Minimizing the Risk of Insider Trading Liability
Karen Y. Bitar of Paul, Hastings, Janofsky & Walker LLP
During the past year, there have been two major developments in the law regarding SEC enforcement actions involving alleged insider trading.
Insider Trading Liability: "Use v. Possession"
Cadwalader, Wickersham & Taft LLP
ALTHOUGH there is no statute expressly proscribing "insider trading," Sec.10(b) of the Securities Exchange Act of 1.
The Return of Insider Trading
Tower C. Snow, Jr. of Brobeck Phleger & Harrison LLP
This article takes in a in-depth look at insider trading.