SEC v. Panuwat, Civil Action No. 4:21-cv-06322 (N.D. Cal. Verdict April 5, 2024) (discussed in our Regulatory Roundup for May 2024). As with many insider trading cases, Panuwat earned about $ ...

The SEC says Mr. Panuwat committed insider trading by allegedly ... however it wants (in denying a cert petition in Whitman v. U.S.). “Only the legislature may define crimes and fix punishments.

Shadow trading is a new issue working its way through the court system. Based on SEC v. Panuwat, a complaint brought in 2021, it may be a new type of insider trading that affects people who deal ...