December 04, 2014 Articles

Corporate Criminal Liability for Insider Trading

When will the Department of Justice pursue corporations for criminal behavior?

By Howard J. Kaplan

Although insider traders often work for business entities, their employers are rarely held criminally liable for their acts. Two recent cases of indictments of businesses, not just their employees, for insider trading raise the question of when the Department of Justice (DOJ) will criminally pursue corporations for insider trading. This article examines the DOJ's policies and practices in this respect.

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