An inside look at insider trading by Professor Jonathan Macey

The U.S. Securities and Exchange Commission have “vastly different” definitions of what insider trading is and how it should be penalized, according to Jonathan Macey, the Sam Harris Professor of Corpore Law, Corporate Finance & Securities at Yale’s Law School and and School of Management.

Professor Jonathan Macey of Yale's Law School and School of Management discusses insider trading and the competing views of the Securities and Exchange Commission and the U.S. Supreme Court.