LAW 618 - Insider Trading Seminar

Course Type: Upper Writing Requirement
Credits: 2

Description: This seminar will provide an in-depth look at the regulation of insider trading. Special consideration will be given to the role that Justice Powell played in creating the architecture of modern day insider trading regulation, through two all-important decisions outlining the parameters of insider trading under Rule 10b-5, and one all-important dissent from a denial of a writ of certiorari. Subjects covered will include: theories of insider trading law including classical, tipper/tippee, and misappropriation; common law fraud; property law and embezzlement theory; Powell’s role in creating the scaffolding of insider trading regulation; criminal insider trading prosecutions; legislative attempts to clarify insider trading prohibitions; and economic and market factors at play in insider trading.