Word last month of a settlement between the U.S. Securities and Exchange Commission and a former executive of GSI Commerce over charges the executive encouraged insider trading in advance of GSI’s sale to eBay was an example of dozens of insider trading cases the SEC brings every year.
And for the mergers and acquisitions attorneys working on public company deals, the policing of insider trading is something that has to fall largely on the shoulders of the SEC and the public companies themselves.
