On 6 December 2016, the Supreme Court of the United States unanimously ruled in favor of prosecutors in an insider trading case, saying that gifts of confidential information from business executives to relatives violate securities laws. Insider trading has a long and thrilling history in the United States (“The most valuable commodity I know of is information“). For a historic overview, see here. For a stirring account of insider trading in the eighties, see here.
Corporate Finance Lab 