Hardback
Research Handbook on Insider Trading
Second Edition
2nd edition
9781035301201 Edward Elgar Publishing
This thoroughly revised second edition skilfully provides an updated and extensive overview of cutting-edge research on insider trading, the most common violation of securities law. It presents legal, economic, and empirical studies from Australasia, the Middle East, Europe and North America.
More Information
Critical Acclaim
Contents
More Information
This thoroughly revised second edition skilfully provides an updated and extensive overview of cutting-edge research on insider trading, the most common violation of securities law. It presents legal, economic, and empirical studies from Australasia, the Middle East, Europe and North America.
Stephen M. Bainbridge brings together an array of expert contributors to provide global analysis on insider trading laws and economics. The book expands upon the previous edition with new and rigorously researched coverage exploring the USA’s comprehensive insider trading ban and the related legal proceedings, as well as empirical research advancements in the field. New chapters examine important developments in other major economies, including China, Japan, and the EU, and feature new insight into insider trading laws in Israel and Arab countries.
This new edition of Research Handbook on Insider Trading is an essential resource for students, educators, and professionals in company and insolvency law, economics, and finance, interested in the intricacies of insider trading. Regulators and judges covering economic crime and corruption, and corporate law and governance will also find this book an invaluable reference.
Stephen M. Bainbridge brings together an array of expert contributors to provide global analysis on insider trading laws and economics. The book expands upon the previous edition with new and rigorously researched coverage exploring the USA’s comprehensive insider trading ban and the related legal proceedings, as well as empirical research advancements in the field. New chapters examine important developments in other major economies, including China, Japan, and the EU, and feature new insight into insider trading laws in Israel and Arab countries.
This new edition of Research Handbook on Insider Trading is an essential resource for students, educators, and professionals in company and insolvency law, economics, and finance, interested in the intricacies of insider trading. Regulators and judges covering economic crime and corruption, and corporate law and governance will also find this book an invaluable reference.
Critical Acclaim
‘For a long time, insider trading law as a subject has enthralled and intimidated readers in equal measure. This outstanding collection, edited by one of the most influential corporate lawyers in history and featuring contributions from the world''s leading corporate and securities law scholars, is nothing less than a monumental achievement. It achieves the ideal balance of US v international insights and weaves together a rich collection of doctrinal, theoretical, historical and economic perspectives on the topic. This Handbook will be an invaluable go-to resource for students, scholars, and practitioners of insider trading law for many years to come.’
– Marc Moore, University College London, UK
– Marc Moore, University College London, UK
Contents
Contents
1 An overview of insider trading law and policy 1
Stephen M. Bainbridge
PART I INSIDER TRADING LAW: U.S. PERSPECTIVES
2 Launching the insider trading revolution: SEC v. Capital Gains Research Bureau 31
A. C. Pritchard
3 Insider trading and securities fraud 50
James J. Park
4 SEC insider trading enforcement and the US Supreme Court 67
Verity Winship
5 What were they thinking? State of mind puzzles in insider trading 82
Donald C. Langevoort
6 What inside information is worth and why it matters 101
Michael D. Guttentag
7 Gendered insider trading 123
Joan MacLeod
8 What governmental insider trading teaches us about corporate insider trading 143
Sung Hui Kim
9 Insider Trading Liability Absent a Fiduciary Relationship: An Update 168
Stephen M. Bainbridge
10 USA insider trading law: its unacceptable framework and a proposed solution 186
Marc I. Steinberg
11 Decision theory and the case for an optional disclosure-based regime for regulating insider trading 207
Thomas A. Lambert
PART II INSIDER TRADING LAW: GLOBAL PERSPECTIVES
12 Lost in translation: a global perspective on insider trading regulation 229
Eric C. Chaffee
13 The Enforcement of Insider Trading Laws around the World 257
Utpal Bhattacharya
14 An introduction to insider trading in Canada: the Lex and the Lax 278
Bryce C. Tingle
15 Insider trading in European law: from financial instruments to crypto-assets 303
Katja Langenbucher
16 Between Islamic ideals and regulatory realities: navigating insider trading regimes within the Arab world 329
Haider Ala Hamoudi
17 The Regulation of Insider Trading in Israel: A Tango with U.S. Law 343
Dov Solomon and Ido Baum
18 Insider trading law in China: recent developments 368
Robin Hui Huang
19 Insider trading regulation in Japan 390
Hatsuru Morita
20 Insider trading laws and regulation in Australia 407
Juliette Overland
21 Insider trading in New Zealand 424
Susan Watson, Lynn Buckley and Nathan Pinder
1 An overview of insider trading law and policy 1
Stephen M. Bainbridge
PART I INSIDER TRADING LAW: U.S. PERSPECTIVES
2 Launching the insider trading revolution: SEC v. Capital Gains Research Bureau 31
A. C. Pritchard
3 Insider trading and securities fraud 50
James J. Park
4 SEC insider trading enforcement and the US Supreme Court 67
Verity Winship
5 What were they thinking? State of mind puzzles in insider trading 82
Donald C. Langevoort
6 What inside information is worth and why it matters 101
Michael D. Guttentag
7 Gendered insider trading 123
Joan MacLeod
8 What governmental insider trading teaches us about corporate insider trading 143
Sung Hui Kim
9 Insider Trading Liability Absent a Fiduciary Relationship: An Update 168
Stephen M. Bainbridge
10 USA insider trading law: its unacceptable framework and a proposed solution 186
Marc I. Steinberg
11 Decision theory and the case for an optional disclosure-based regime for regulating insider trading 207
Thomas A. Lambert
PART II INSIDER TRADING LAW: GLOBAL PERSPECTIVES
12 Lost in translation: a global perspective on insider trading regulation 229
Eric C. Chaffee
13 The Enforcement of Insider Trading Laws around the World 257
Utpal Bhattacharya
14 An introduction to insider trading in Canada: the Lex and the Lax 278
Bryce C. Tingle
15 Insider trading in European law: from financial instruments to crypto-assets 303
Katja Langenbucher
16 Between Islamic ideals and regulatory realities: navigating insider trading regimes within the Arab world 329
Haider Ala Hamoudi
17 The Regulation of Insider Trading in Israel: A Tango with U.S. Law 343
Dov Solomon and Ido Baum
18 Insider trading law in China: recent developments 368
Robin Hui Huang
19 Insider trading regulation in Japan 390
Hatsuru Morita
20 Insider trading laws and regulation in Australia 407
Juliette Overland
21 Insider trading in New Zealand 424
Susan Watson, Lynn Buckley and Nathan Pinder