Insider Trading Issues for Hedge Funds

May 24, 2005
Speakers:
Laurel FitzPatrick ,
Christopher A. Klem

A review of both the basic elements of insider trading and recent developments, including:

  • The "classical" and "misappropriation" theories of insider trading
  • Regulation FD and communications with companies
  • The effect of Rules 10b5-1 and 10b5-2 on insider trading analysis
  • Structural defenses
  • Unanswered questions in the cracks between the presumptions and the defenses
  • The significance of insider trading for registered advisors
  • Fixed income markets and insider trading
  • New standards of materiality, new horizons for insider trading?