Former Perkins Coie Lawyer, Rebecca Salk

On January 14, 2022, a federal district court in the Northern District of California declined to dismiss the first-ever enforcement action by the U.S. Securities and Exchange Commission (the “SEC”) based on allegations of “shadow trading” — the use of one company’s inside information to trade in securities of another, similarly situated, but unrelated company.  Continue Reading Shadow Trading: Examining the SEC’s Insider Trading Theory in SEC v. Panuwat