The novel case is S.E.C. v. Panuwat. On April 5, 2024, after less than three hours of deliberations, a jury in the Northern District of California found Matthew Panuwat, former employee of ...
On April 5, 2024, a jury found Matthew Panuwat civilly liable for insider trading in violation of federal securities laws 1 in a first-of-its-kind “shadow trading” case (also referred to as “sympathy ...
Wall Street is often viewed as a prototypical film about the excesses of the 1980s. Released in 1987, it stars Charlie Sheen as Bud Fox, a young stockbroker hoping to work with his idol, Gordon Gekko, ...
The SEC's long, successful campaign against insider trading has been legally predicated on two words—"deceptive device"—in Section 10(b) in the Securities Exchange Act. In terms of its legal authority ...