Insider Trading by Accountants, Attorneys and Other Professionals

Why do people, who should presumably know better than most i.e. accountants and attorneys, continue to engage in insider trading by misappropriating material non-public information from the companies they serve? In doing so, either through ignorance or pure greed (or both) they end up leaving a “paper trail” long enough for the SEC to follow right to their door and the doors of their family members and friends.

The SEC’s most recent case against a former Deloitte partner continues a long line of such cases. View More…

Author: Dexter Johnson

The author is a an attorney who for the past 14 years has concentrated his practice in representing, successfully, investment advisers, broker-dealers, corporations and individuals who are subject to SEC, FINRA, State or other regulations and who may be the subject of regulatory examination, review or investigation. He formerly worked at the SEC. His regulatory and litigation experience has encompassed virtually every type of securities issue in the industry. He has also negotiated favorable outcomes in many of these matters for his clients.