| Tuesday, April 09, 2024 |
| 11:00 AM - 01:00 PM Eastern Daylight Time |
| 10:00 AM - 12:00 PM Central Daylight Time |
| 08:00 AM - 10:00 AM Pacific Daylight Time |
Theory became reality on Friday, April 5 when a jury returned a verdict in the SEC’s favor in SEC v. Panuwat, a first-of-its-kind action against “shadow trading”—a novel theory of insider trading involving transactions in stocks of issuers in the same industry or sector of a company about which the trader allegedly has insider information.
The outcome of SEC v. Panuwat is likely to have a widespread and substantial impact on the marketplace.
Please join us for a cross-disciplinary discussion of our initial impressions of this case and its impact on financial services companies, including what next steps asset managers and broker-dealers should be taking to protect themselves going forward.
Please contact Lucy Jones. For CLE questions, please email CLE Credit Request.
CLE credit: CLE credit in CA, IL, MN, NM, NY, OH, OR, PA, TX, and VA is currently pending approval. Credit in CT, FL, and NJ is pending approval via reciprocity.