Insider Trading: Critical Legal Issues

The act of insider trading has roots in over a century of US history, though the law in this area continues to evolve. Last July, the SEC brought its first insider trading case in which it alleged crypto assets are securities and that former employees of a cryptocurrency exchange had engaged in insider trading practices. The federal district court dismissed the SEC’s complaint. Several months later, Coinbase filed a suit against the SEC to compel the agency to explain its criteria for defining a digital asset as a security. Understanding how the SEC views the application of its rules to developments such as crypto assets is helpful for practitioners to understand how best to advise their clients.  

This program is designed for all levels of practicing attorneys to explain the current state of insider trading law and offer insight into how enforcement in this area has adapted to changing behaviors and technology.  Practitioners will also learn best practices and engage in a discussion regarding current enforcement trends.

Learning Objectives:

1. Analyze the law of insider trading.

2. Understand the implications of new rules from the SEC.

3. Evaluate the best compliance practices to avoid potential enforcement actions.

4. Explore the context of current and future criminal and civil enforcement priorities for insider trading cases.