Securities,
Government
Jun. 8, 2021
Congress sets sights on insider trading legislation
The House of Representatives recently passed the Insider Trading Prohibition Act, a bill that, if passed by the Senate, would amend the Securities Exchange Act of 1934 to prohibit insider trading.
Thomas A. Zaccaro
Senior Counsel
Hueston Hennigan LLP
Phone: (213) 788-4039
Email: tzaccaro@hueston.com
Boston College Law School
Thomas is a partner in the firm's Litigation Department. He served as regional trial counsel in the SEC's Los Angeles office.
Nicolas Morgan
Partner
Paul Hastings LLP
Phone: (213) 683-6181
Email: nicolasmorgan@paulhastings.com
Nicolas is a partner in the firm's Litigation Department. He served as senior trial counsel in the SEC's Los Angeles office.
Kyle Jones
Associate
Paul Hastings LLP
515 S Flower St Fl 25
Los Angeles , California 90071
Phone: (213) 683-6189
Email: kylejones@paulhastings.com
Kyle is an associate in the firm's Litigation Department
The House of Representatives recently passed the Insider Trading Prohibition Act, a bill that, if passed by the Senate, would amend the Securities Exchange Act of 1934 to prohibit insider trading. Although insider trading is well known to be illegal -- thanks in large part to its prominence in popular movies such as Oliver Stone's 1987 film "Wall Street" or Showtime's "Billions" -- there is currently no federal statute that prohibits (or even defines) insider trading....
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