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    Does The SEC Have Exposure For Tipping Inside Information?

    Yesterday, I discussed the recent hack of the Securities and Exchange Systems' electronic filing and retrieval system commonly referred to as EDGAR.  In a written statement disclosing the hack, Chairman Jay Clayton speculated that the incident may...

    hack, hacking, reckless, scienter, SEC v. Obus, Securities Litigation, EDGAR, Insider Trading, personal benefit

    Hacking EDGAR And Insider Trading

    SEC Chairman Jay Clayton launched a sea of news stories last week when he included the following five sentence in a statement on cybersecurity:

    hacker, hacking, misappropriation theory, Second Circuit, Section 10(b), SEC, Securities Litigation, 574 F.3d 42, classical theory, Insider Trading, Rule 10b-5, SEC v. Dorozhko

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