Salman v. United States Oral Argument
2016-10-13T07:21:12-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvOWZhXC8yMDE2MTAxMzA3MjE0ODAwMl9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==The Supreme Court heard oral argument for Salman v. Unites States, a case challenging the government’s power to prosecute people who profit from trading stocks on insider information. At issue was whether insider trading violates the law even if the person giving out corporate secrets did not receive anything of value in return or make any money on the trading if the inside trader was a close relative.
On December 6, 2016, the court unanimously upheld the insider trading conviction of Bassam Salman, who made nearly $1.2 million trading on information from his brother-in-law. Justices ruled that sharing corporate secrets with friends or relatives is illegal even if the insider giving the tips does not receive anything of value.
On December 6, 2016, the court unanimously upheld the insider trading conviction of Bassam Salman, who made nearly $1.2 million trading on information from his brother-in-law. Justices ruled that sharing corporate secrets with friends or relatives is illegal even if the insider giving the tips does not receive anything of value.
The Supreme Court heard oral argument for Salman v. Unites States, a case challenging the government’s power to prosecute people who profit … read more
The Supreme Court heard oral argument for Salman v. Unites States, a case challenging the government’s power to prosecute people who profit from trading stocks on insider information. At issue was whether insider trading violates the law even if the person giving out corporate secrets did not receive anything of value in return or make any money on the trading if the inside trader was a close relative.
On December 6, 2016, the court unanimously upheld the insider trading conviction of Bassam Salman, who made nearly $1.2 million trading on information from his brother-in-law. Justices ruled that sharing corporate secrets with friends or relatives is illegal even if the insider giving the tips does not receive anything of value. close
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- Samuel A. Alito Jr. Associate Justice U.S. Supreme Court
- Stephen G. Breyer Associate Justice U.S. Supreme Court
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- Ruth Bader Ginsburg Associate Justice U.S. Supreme Court
- Elena Kagan Associate Justice U.S. Supreme Court
- Anthony M. Kennedy Associate Justice U.S. Supreme Court
- John G. Roberts Jr. Chief Justice U.S. Supreme Court
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Alexandra A. E. Shapiro Attorney
- Sonia Sotomayor Associate Justice U.S. Supreme Court
- Clarence Thomas Associate Justice U.S. Supreme Court
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