New Compliance Programs Combat Insider Trading, Protecting Investors and Businesses
The article discusses how organizations have developed compliance programs to prevent insider trading since the Insider Trading and Securities Fraud Enforcement Act was passed in 1988. It looks at the different types of compliance programs used by professional firms, financial intermediaries, and publicly-held companies. The article suggests elements that should be included in an insider trading compliance program for any organization that needs one, and recommends specific measures for organizations in these three contexts.