November 24, 2015

Life After Newman: The SEC May Shift Toward Administrative Proceedings in Insider-Trading Cases

In an article published in Bloomberg BNA's Securities Regulation & Law Report, Faegre Baker Daniels partner Michael MacPhail and associate Dan Kelley assessed how the United States v. Newman decision could change how the U.S. Securities and Exchange Commission (SEC) approaches insider-trading cases. Citing a “string of Newman-related losses” for the government in prosecuting insider-trading defendants, MacPhail and Kelley observed that the “SEC may elect to bypass the federal courts altogether by bringing more insider-trading cases administratively, thereby enhancing its home-court advantage.”  

Full Article
The Faegre Drinker Biddle & Reath LLP website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Drinker Biddle & Reath LLP's cookies information for more details.