PLI Releases Second Edition Of Insider Trading

Wednesday, February 1, 2006 - 01:00

Practising Law Institute (PLI) has announced the release of the second edition of Insider Trading, a comprehensive guide to the legal standards that determine insider trading liability and to proven compliance procedures that help individuals avoid insider trading violations.

Featuring thousands of case law citations with commentary, Insider Trading offers readers a clear, practical understanding of all the federal standards that specify when insider trading liability is triggered, including the so-called "five fingers of federal fraud," additional weapons used to combat insider trading, including state blue sky laws, and major Supreme Court rulings that have helped shape insider trading liability guidelines, such as O'Hagan, Carpenter, Dirks and Chiarella.

Insider Trading provides field-tested compliance measures that help to detect and prevent illegalities, including legal education policies for corporate and securities personnel, compliance policies and procedures for broker firms, mechanisms that prevent disclosure of material nonpublic information within law and accounting firms, and "Chinese walls" that help control the flow of material nonpublic information within multiservice firms.

Written by William K.S. Wang, professor at the University of California, Hastings College of Law, and Marc I. Steinberg, professor, Southern Methodist University School of Law, the two-volume Insider Trading is $195 and is available for a 30-day trial examination. For more information, visit www.pli.edu.