Skip to Primary Navigation

Skip to main content

SEC wins landmark case on shadow trading enforcement action

United States Securities and Exchange Commission SEC entrance architecture modern building sign, logo, American flag, looking up sky, glass windows reflection.
Photo: Getty Images

Howard Fischer | Moses & Singer, Allan Grauberd | Moses & Singer, Isaac Greaney | Moses & Singer+1

4 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

Shadow trading case extends potential insider trading liability, creating considerable risk for both companies and insiders.

Insider trading is a murky country, whose borders are uncomfortably fluid. And now, they have been greatly expanded by a victory in a case brought by the SEC, SEC v. Panuwat, 21 cv. 6322 (N.D. Cal), creating considerable risk for both companies and insiders.

Insider trading: What is It?

Insider

, , , , , , ,