February 15, 2023 | Law.com
Second Circuit Narrows Reach of Wire Fraud and Insider Trading ProhibitionsThe Second Circuit's long-anticipated decision in United States v. Blaszczak limits the government's ability to bring fraud or insider trading prosecutions where the information used to achieve an advantage is regulatory information held by the government. It also brings the Second Circuit in greater alignment with the Supreme Court's wire fraud jurisprudence.
By Harry Sandick, Anna Blum and Abigail Marion
12 minute read