Gupta And The Future Of Insider Trading Policy

Law360, New York (June 28, 2012, 1:20 PM EDT) -- The war on insider trading recently hit another milestone with the conviction on insider trading charges of Rajat Gupta, former Goldman Sachs director. Unlike others who have been convicted or pleaded guilty in the recent string of insider trading cases, Gupta is from the upper echelons of the corporate world, where directors and senior executives are routinely privy to the secrets of Wall Street and the inner workings of corporate America. He is perhaps the most prominent member of this exclusive club to be put on trial and convicted for insider trading. The message from this case is clear — anyone who trades on inside information will be prosecuted....

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