Activists Urge High Court To Tighten Insider Trading Rules

Law360, New York (August 29, 2016, 2:24 PM EDT) -- Activist group Occupy the SEC on Sunday urged the U.S. Supreme Court to rule in a closely watched case in the upcoming term that a corporate insider does not have to see any tangible benefit from providing tips to be guilty of insider trading.

The group, which is an outgrowth of the Occupy Wall Street movement, asked the high court to bolster insider trading law by finding that the government does not have to prove that a tipper providing material, nonpublic information to a third party...
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