‘A new theory of insider trading law’

Sung Hui Kim, The Last Temptation of Congress: Legislator Insider Trading and the Fiduciary Norm Against Corruption, 98 Cornell Law Review 845 (2013); Sung Hui Kim, Insider Trading as Private Corruption, 61 UCLA Law Review 928 (2014). Sung Hui Kim of the UCLA School of Law has developed a bold new theory of insider trading that is well worth reading. In The Last Temptation of Congress: Legislator Insider Trading and the Fiduciary Norm Against Corruption, Kim lays the foundation of her new theory, which she expands in Insider Trading as Private Corruption. In arguing that members of Congress are fiduciaries for purposes of insider trading law, Kim joins a number of others scholars who have argued for the imposition of fiduciary duties on government officials … (more)

[D Gordon Smith, JOTWELL, 16 July]

First posted 2014-07-22 05:31:35

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