We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Ex-ISE Vice Chair Gets 18 Months For Insider Trading

Law360 (December 16, 2008, 12:00 AM EST) -- The former vice chairman of the International Securities Exchange LLC, a Manhattan-based options and stock exchange, has been sentenced to 18 months in prison for insider trading related to ISE's $2.8 billion merger with Eurex Frankfurt AG in 2007.

U.S. District Judge Laura Taylor Swain also ordered John Marshall on Monday to serve 12 months of home confinement as part of a three-year term of supervised release, according to Lev L. Dessin, acting U.S. attorney for the Southern District of New York.

Marshall, 55, pled guilty...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.