Insider Trading Sanctions Act of 1984 Fails to Deter Illegal Trading
The Insider Trading Sanctions Act of 1984 was created to make insider trading more of a deterrent without changing the existing laws. The Act allows for penalties up to three times the profit gained or loss avoided through trading with nonpublic information. However, this article criticizes the Act, saying it may not actually deter insider trading as intended. The Act's impact on the development of federal insider trading laws is also questioned.