Harry Sandick Anna Blum

Harry Sandick Anna Blum

February 15, 2023 | Law.com

Second Circuit Narrows Reach of Wire Fraud and Insider Trading Prohibitions

The 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