2nd Circ. Ruling Could Lower Bar For Insider Trading Charges

By Derek Cohen, James Gatta and ​​​​​​​Zoe Bellars (January 15, 2020, 4:22 PM EST) -- The U.S. Court of Appeals for the Second Circuit's recent decision in U.S. v. Blaszczak may have made the prosecution of insider trading significantly easier by ruling that the government is not required to prove that an insider received any personal benefit in exchange for sharing material, nonpublic information with a trader when the crime is charged under the wire fraud and securities fraud statutes in Title 18 of the U.S. Code....

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