https://www.cnbc.com/2014/06/17/its-time-to-legalize-insider-tradingwall-streetcommentary.html; Doug Bandow, Free the Insider Traders
(65) See FERRARA ET AL., supra note 6, [sections] 2.01, at 2-14.6 (explaining that the Teicher court believed that "a `use' test would entail significant factual inquiries into the state of mind and the motivations of the insider trader
Section I examines legal theories of insider trading liability that are used by the regulatory authorities to prosecute insider traders
. Section II explores the notion of regulation by enforcement where the SEC develops new legal standards as the need arises instead of establishing systematic regulations of the prohibited conduct.
The fact that insider trading occurs primarily in an impersonal market is probably most significant in that it makes the ignorant trader's loss difficult to identify.(316) Because traders in the market do not know the identity of their opposite traders, the fact that any given trader has traded with an insider trader
will be completely fortuitous.
Infamous insider trader
Raj Rajaratnam may have been convicted of conspiracy and securities fraud in 2011, but as the case of his younger brother Rajarengan ("Rengan") Rajaratnam prepares to go to trial, prosecutors may face new difficulties in bringing harsh penalties against this alleged insider trader
as protected from insider trader
liability because the tipper received
"Wall Street: Money Never Sleeps", which features the return of Michael Douglas as disgraced insider trader
Gordon Gekko, opens in the United States on April 23.
, winner of five of his last six at Poole but still an open-race maiden, can put that right by taking the opening heat of the Golden Crest over 450m at the Dorset track tonight (8.37pm), writes Jonathan Kay.
Lynda Ramsden could hold the key to the TV opener as she saddles two fancies runners in SURPRISE MISSION (2.30) and Insider Trader
Jem Racing (Golden Crest): 4 Blakes World, 9-2 Brave Prospect, Insider Trader
, 6 Rhyzome Wizard, 7 Target Harry, 8 Blonde Joey, 9 Blonde Cindy, 10 Hi George, 12 Donal The Yank, 14 Westcountry Lady, 20 Caloona Mist, Gaytime Harry, 25 Civil War, 33 Blonde Buddy, Rosmon Ranger, Spoton Snowfire, 40 Rhyzome Merlin, Spoton Ballinora, 50 Catwalk Diva, Island Fog, 66 Micks Besthoncho, Swift Extort, 80 Hurling Honcho, 100 Nats Champion (e/w quarter 1,2,3,4).
The Securities and Exchange Commission has obtained an asset freeze against alleged insider traders
who bought call options in Anadarko Petroleum (APC) before its $50B deal to be acquired by Chevron (CVX), the Financial Times' Kadhim Shubber reports, citing a court filing.
Matt Levine, Opinion, Insider Traders
Made Some Easy Money on Stock Offerings, Bloomberg (June 3, 2015), https://www.bloomberg.com/view/ articles/2015-06-03/insider-traders-made-some-easy-money-on-stock-offerings [https://perma.cc/ G7EA-WWFG] ("[P[copie think [insider trading] is illegal because it's unfair, but it is actually illegal because it is theft....