Thursday, September 6, 2012

Second Circuit Releases Magnum OBUS On Insider Trading

In SEC v. Obus (2d Cir. 2012), released yesterday, the Second Circuit provides a primer on insider trading law, with particular attention paid to tipper liability, tippee liability, and scienter. The Court also seeks to reconcile the supposed conflict between Dirks and Hochfelder with respect to the level of scienter that must be proved in tipping situations. Obus is required reading for anyone working in the white collar and securities fraud fields.

(wisenberg)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2012/09/second-circuit-releases-magnum-obus-on-insider-trading.html

Fraud, SEC, Securities | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef017744904c26970d

Listed below are links to weblogs that reference Second Circuit Releases Magnum OBUS On Insider Trading:

Comments

It is truly a great and helpful piece of information.
I am satisfied that you simply shared this useful information with us.

Posted by: Defense Attorneys Fort Worth | Sep 17, 2012 11:29:43 PM

Post a comment