Insider Trading Enforcement Intensifies Across Markets and Regulators
08 February 2019
Members of A&O's U.S. Financial Services Regulatory and Litigation and Investigations groups recently authored an article on insider trading enforcement and regulation.
The recent development of both derivatives- and securities-centric task forces to address insider trading signals intensified regulatory focus on this area of law across financial markets. Businesses once again need to adapt to circumstances in which the same activity gives rise to risk under multiple regulatory regimes, each with different and evolving standards. To mitigate the risk of liability, market participants should take a thoughtful approach, implementing policies to prevent the disclosure or misuse of information in ways that are likely to violate either SEC or CFTC insider trading prohibitions, or the broad view taken by federal criminal authorities, and monitoring communications and trading to detect any possible perceived violations.
The article was originally published in The New York Law Journal.
The full article can be read here.