Schulte lawyers have collaborated to update and expand Insider Trading Law and Compliance Answer Book 2020, published by Practising Law Institute. The book is a guide to the breadth and scope of the insider trading laws, including all the elements for both civil and criminal liability, various defenses, possible penalties and other remedies, the current approaches taken by the SEC and the U.S. Department of Justice to insider trading violations, application of those laws in a wide variety of circumstances and the best compliance policies, procedures and practices for firms to follow in an effort to minimize the likelihood of a violation. The 2020 edition integrates recent developments, including updates on the law regarding “personal benefit” as well as legal developments concerning whether and to what extent “cryptocurrencies” or other digital assets are treated as “securities.” Although the book is largely focused on U.S. law, it includes a chapter relating to U.K. law as well on this topic. The book is organized in a question and answer format to facilitate users gaining a full understanding of the topics that are of greatest interest to them.
Litigation partner Harry S. Davis served as editor for the entire book and authored several chapters. Additional chapter authors include litigation partners Charles Clark, William Gussman, Taleah Jennings, Howard Schiffman, Gary Stein, Michael Swartz, Robert Ward and Peter White, of counsel Howard Godnick and Martin Perschetz, lawyer Betty Santangelo, special counsel Michael Cutini and Jeffrey Robertson and associate Robert Griffin; broker-dealer regulatory & enforcement partners Douglas Koff and Craig Warkol; business reorganization partner Adam Harris; investment management and regulatory & compliance partners Brian Daly, Marc Elovitz and Anna Maleva-Otto; M&A and securities partners Eleazer Klein and Marc Weingarten; and former Schulte lawyer Alan Glickman.
To order a copy of Insider Trading Law and Compliance Answer Book 2020, please click here.