The Insider Trading Sanctions Act of 1984
The
Insider Trading Sanctions Act of 1984
SEC commentary
SEC commentary
O'Brien
Christine Neylon
O'Brien, Christine Neylon
Dept. of Business Law, Carroll School of Management
Author
Author
text
article
1986 1986 monographic
1986
1986
monographic
English eng
English
eng
electronic application/pdf digitized other analog
electronic
application/pdf
digitized other analog
As an initiative against Wall Street's use of non-public material information in violation of fiduciary duties, Congress enacted the Insider Trading Sanction Act which significantly increased the penalties for violating the securities laws. The statute also represented a new approach, in this it shifted away from compensating victims, to focus on the punishment of perpetrators. The author discusses a number of general considerations and details the law governing insider trading offenses. There are a number of procedural and evidentiary hurdles that exist in these cases. Further, the scope of liability under this law is an open question. The author concludes that this insider trading law will prove to be valuable in cases involving breaches of fiduciary duty by insiders.
Version of record.
CPA Journal 0732-8435 78 80 pp. 78-80 December 1986
CPA Journal
CPA Journal
0732-8435
78 80 pp. 78-80 December 1986
78 80 pp. 78-80
78
80
pp. 78-80
December 1986
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Business Law CPA-J-v56-OBrien-Dec1986-p78-QC-withcover.pdf CPA-J-v56-permissions.pdf
Business Law
CPA-J-v56-OBrien-Dec1986-p78-QC-withcover.pdf
CPA-J-v56-permissions.pdf
MChB English eng
MChB
English eng
English
eng