The Supreme Court Reaffirms Dirks, But Avoids Clarifying Remote Tippee Liability in Salman v. United States

February 8, 2017


Publication
DRI For The Defense

Denver G. Edwards
Gerard Belfort


DRI, For The Defense (February 1, 2017) -- Although the Salman decision is a clear win for the government, the outcome is not as bad as it may appear for remote tippee defendants. Here’s why.The government’s focus on insider trading has been unrelenting in recent years. For fiscal year 2016, the Securities and Exchange Commission’s Enforcement Division brought enforcement actions against 78 individuals.

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