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FINRA's Hunt for Insider Trading Cases in Illiquid Markets

Over the last several years, the Financial Industry Regulatory Authority (FINRA) has continued to emerge as a consequential securities transaction regulator, acting in the stead of the traditional authority imposed by DOJ and the SEC. Certainly, this manner of delegation of a prosecutorial function to an administrative agency has been the subject of criticism.

20 minute read December 31, 2015 at 11:00 PM
By
Stanley S. Arkin and Lisa C. Solbakken
FINRA's Hunt for Insider Trading Cases in Illiquid Markets

Over the last several years, the Financial Industry Regulatory Authority (FINRA) has continued to emerge as a consequential securities transaction regulator, acting in the stead of the traditional authority imposed by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC).

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