Penalty Can Exceed Insider's Own Profits, Circuit Says

, New York Law Journal

   | 0 Comments

An insider trader can be required to disgorge the profits he channeled to others above and beyond the profits he earned for himself, the U.S. Court of Appeals for the Second Circuit ruled Tuesday.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202643492722

Thank you!

This article's comments will be reviewed.