Insider Trading Settlements Down

A recently released study has found that the Securities and Exchange Commission settled only 25 insider trading cases during the first half of its fiscal year, ending March 31. If the trend continues, it would represent the fewest number of insider trading cases since the Sarbanes-Oxley Act of 2002 took effect. The study’s authors say the data are consistent with the SEC’s focus on litigating higher profile cases that the agency hopes will deter others from wrongdoing.