Insider Trading: Examining Primary Theories of Liability

, New York Law Journal

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In his Securities column, Greg Kramer, a partner at Kleinberg, Kaplan, Wolff & Cohen, writes that despite the SEC's intense and persistent attention to insider trading enforcement and the headline grabbing nature of the SEC's enforcement actions, many in the financial and business community remain unfamiliar with the origins and legal basis for the prohibition against insider trading in the United States and the exact conduct that is proscribed.

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