Is a Federal Insider Trading Law Coming?

For decades the SEC and the Department of Justice, with the endorsement of federal judges, have used the general securities fraud statutes to patch together a complex and problematic insider trading common law. After years of criticism, however, that could now be changing.

8 minute read July 01, 2021 at 12:07 AM
By
David L. Axelrod and Hannah L. Welsh
Is a Federal Insider Trading Law Coming?

To many this will come as a complete surprise, but there is no federal law that explicitly outlaws insider trading.

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