Chapter VII: Paradise Regained: The Supreme Court Approves the Misappropriation Theory
Fairness, Inc.: The Origins (and Billion-Dollar Bonuses) of Rule 10b-5 as America's Insider Trading Prohibition, Carolina Academic Press, 2018
17 Pages Posted: 6 May 2018
Date Written: April 18, 2018
This book traces the origin of the distinctly American insider trading prohibition, while also detailing the eye-catching recoveries thereunder. Relevant administrative decisions, Congressional inaction, and judicial innovations are all analyzed. Oral arguments, policy speeches, and, of course, a large number of federal court decisions are studied and excerpted towards the goal of explaining how Rule 10b-5 grew from an effort to cabin excesses to a key governmental means of recovering them.
Keywords: insider trading, Rule 10b-5, O'Hagan decision
JEL Classification: K22, K23, K41, G02, G14, G18, G28, K42
Suggested Citation: Suggested Citation