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U.S. Securities and Exchange Commission building in Washington, D.C. January 5, 2019.

Recent U.S. Securities and Exchange Commission enforcement actions charging senior lawyers at Apple and SeaWorld with insider trading provide reason to dust off company insider trading policies and assess whether updates or additional training are needed. As sanctuaries for corporate America’s most valuable confidential information, law departments are among the first places regulators look when trying to determine the source of a trader’s material nonpublic information.

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