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Appellate Practice

Aug. 27, 1998

Court Tightens Requirement for Insider Trading

Rejecting a government effort to make it easier to get insider trading convictions, the 9th U.S. Circuit Court of Appeals ruled Tuesday that prosecutors must prove that an insider actually used nonpublic information to profit from the stock market.

By Philip Carrizosa
Daily Journal Senior Writer
        Rejecting a government effort to make it easier to get insider trading convictions, the 9th U.S. Circuit Court of Appeals ruled Tuesday that prosecutors must prove that an insider actually used nonpublic information to profit from the stock market.
       &nb...

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