Insider Trading After Salman
Tuesday, March 28, 2017 | 5:30 PM EDT - 7:00 PM EDT
In December, the Supreme Court handed down a unanimous victory for prosecutors in Salman v. U.S. The Court rejected the defendant’s argument that he could not be held liable as a tippee because the tipper had received no monetary or other compensation for the tips. The court’s decision did not fully resolve some difficult issues in tipper-tippee law that arose after the Second Circuit's 2014 decision in U.S. v Newman, which had limited the scope of insider trading prosecutions. At the same time, the Salman decision did not fully adopt government’s expansive arguments. Our panelists will react to the decision in Salman and discuss the current state of insider trading law.
Topics include:
- An introduction to insider trading law
- Ethical and professional responsibilities of market participants
- Changes to insider trader law
- Establishing effective compliance
This program is presented in conjunction with the Rutgers Center for Corporate Law & Governance. For more information about the center, visit cclg.rutgers.edu.
There will be a reception immediately following.
Free for guests who do not need CLE credit with promo code InsideTrade17 (not case-sensitive).
NJ CLE Information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.8 hours of total CLE credit.
Topics include:
- An introduction to insider trading law
- Ethical and professional responsibilities of market participants
- Changes to insider trader law
- Establishing effective compliance
This program is presented in conjunction with the Rutgers Center for Corporate Law & Governance. For more information about the center, visit cclg.rutgers.edu.
There will be a reception immediately following.
Free for guests who do not need CLE credit with promo code InsideTrade17 (not case-sensitive).
NJ CLE Information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.8 hours of total CLE credit.
FACULTY:
Daniel M. Hawke | Partner | Arnold & Porter
Dan Hawke was the Chief of the SEC Division of Enforcement’s Market Abuse Unit and the Director of the SEC’s Philadelphia Regional Office. As Chief of the MAU, he supervised numerous insider trading investigations and established the unit’s Analysis & Detection Center, a group tasked with developing new technology and investigative approaches for identifying hard-to-detect insider trading and other trading abuses. Now in private practice, he counsels clients on federal securities law enforcement, examination and regulatory policy issues and regularly works with corporate leadership, in-house counsel and compliance officers on violations prevention, risk management and remediation issues.
Richard A. Levine | Former Associate General Counsel | Securities and Exchange Commission
Rich Levine was Associate General Counsel for Legal Policy in the SEC’s Office of the General Counsel until his retirement from the SEC in 2016. Before becoming Associate General Counsel, Mr. Levine held several positions of increasing responsibility in the SEC's Office of the General Counsel, beginning in 1984 as a staff attorney in the Office's Appellate Group and then serving as Special Counsel and Assistant General Counsel in the Disclosure Policy and Accounting Branch of the Legal Policy Group. Mr. Levine received the Chairman's Award for Excellence in 2000 for his work on the SEC's Selective Disclosure and Insider Trading rulemaking (Regulation FD and rules 10b5-1 and 10b5-2).
Dan Hawke was the Chief of the SEC Division of Enforcement’s Market Abuse Unit and the Director of the SEC’s Philadelphia Regional Office. As Chief of the MAU, he supervised numerous insider trading investigations and established the unit’s Analysis & Detection Center, a group tasked with developing new technology and investigative approaches for identifying hard-to-detect insider trading and other trading abuses. Now in private practice, he counsels clients on federal securities law enforcement, examination and regulatory policy issues and regularly works with corporate leadership, in-house counsel and compliance officers on violations prevention, risk management and remediation issues.
Richard A. Levine | Former Associate General Counsel | Securities and Exchange Commission
Rich Levine was Associate General Counsel for Legal Policy in the SEC’s Office of the General Counsel until his retirement from the SEC in 2016. Before becoming Associate General Counsel, Mr. Levine held several positions of increasing responsibility in the SEC's Office of the General Counsel, beginning in 1984 as a staff attorney in the Office's Appellate Group and then serving as Special Counsel and Assistant General Counsel in the Disclosure Policy and Accounting Branch of the Legal Policy Group. Mr. Levine received the Chairman's Award for Excellence in 2000 for his work on the SEC's Selective Disclosure and Insider Trading rulemaking (Regulation FD and rules 10b5-1 and 10b5-2).
REGION:
Central New Jersey
Southern New Jersey
Philadelphia Metro Area
Southern New Jersey
Philadelphia Metro Area
LOCATION:
Rutgers Law School
Room E403 - Faculty Lounge
217 North Fifth Street
Camden, NJ 08102
Room E403 - Faculty Lounge
217 North Fifth Street
Camden, NJ 08102
CREDITS:
CLE: NJ: 1.8 | NY: 1.5 | PA: 1.5
SUBJECT AREAS:
Business and Corporation
COST:
$40.00
DETAILED INFORMATION:
