Newman/Martoma: The Insider Trading Law's Impasse and the Promise
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The prohibition against insider trading is a judge-made law that has evolved for over fifty years, and has reached a critical impasse in two recent decisions in the Second Circuit Court of Appeals: United States v. Newman and United States v. Martoma. Judges of the Second Circuit are sharply divided over what conduct constitutes improper trading on material nonpublic information ("MNPI"), leaving the law in profound disarray.
Newman/Martoma: The Insider Trading Law's Impasse and the Promise of Congressional Action
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Publications & Events
Publications & Events
SKH LEUNG KWAI YEE SECONDARY SCHOOL
U.S. v. Martoma': The End of the 'Newman' Personal Benefit Test
February, 2017
January, 2016
PREVIEW U.S. v. Martoma: 2nd Circuit Reconsiders the Personal Benefit Rule in Insider Trading Cases and Announces the Partial Abrogation of Newman
