Legal History

Insider Trading: A Symposium on Chiarella v. United States

Insider Trading: Honoring the Past.  A Program Commemorating the 40th Anniversary of Chiarella v. United States.  Thursday, November 5th, 10:00 am - 12:00 pm Eastern Time

Sponsored by the NYU Pollack Center for Law & Business; Indiana University Maurer School of Law; and Securities and Exchange Commission Historical Society

This virtual program will explore the fascinating backstories of the Chiarella prosecution and the Supreme Court argument as well as the SEC's and DOJ's insider trading enforcement strategies in the wake of the Court's ruling.

Schedule and Panelists

10:00am - Welcome by Stephen Choi, Murray and Kathleen Bring Professor of Law, NYU School of Law, Co-Director Pollack Center for Law and Business
 
10:10-11:10am - Session I: The Chiarella Prosecution and Supreme Court Litigation

John S. Siffert, Co-Founding Partner, Lankler Siffert Wohl; Adjunct Professor?NYU School of Law (Assistant US Attorney in the SDNY 1974-1979, prosecuted the Chiarella case and argued the 2nd Circuit appeal)

John ?Rusty? Wing, Partner, Lankler Siffert Wohl (Chief of the Securities and Business Fraud Unit for the SDNY?s U.S. Attorney?s Office 1971-1978)

Hon. Judge Jed S. Rakoff, U.S. District Judge SDNY (Chief of the Securities and Business Fraud Unit for the SDNY?s U.S. Attorney?s Office 1978-1980)

Stanley S. Arkin, founding member of Arkin Solbakken (represented Vincent Chiarella at his criminal trial, 2nd Circuit appeal, and argument before the Supreme Court)

Panel Moderator: Donna M. Nagy, C. Ben Dutton Professor of Law, Indiana University Maurer School of Law

11:10am-12:00pm Session II: The SEC and DOJ?s Response to the Supreme Court?s Chiarella Decision

Donald C. Langevoort, Thomas Aquinas Reynolds Professor of Law, Georgetown University Law Center (SEC Special Counsel, Office of General Counsel, 1978-1981)

Lee S. Richards III, Co-Founding Partner, Richards Kibbe & Orbe, (Assistant US Attorney in the SDNY 1977-1983, prosecuted US v. Newman based on the misappropriation theory advanced in, but left undecided by, the Court?s Chiarella ruling)

Hon. Judge Jed S. Rakoff, U.S. District Judge SDNY (SDNY Fraud Unit Chief during the Newman investigation, later served as defense counsel in Carpenter v. United States)

Panel Moderator: Robert B. Thompson, Peter P. Weidenbruch, Jr. Professor of Business Law Georgetown University Law Center

Conference Organizers:

Stephen Choi, Murray and Kathleen Bring Professor of Law, NYU School of Law, Co-Director Pollack Center for Law and Business

Donna M. Nagy, C. Ben Dutton Professor of Law, Indiana University Maurer School of Law

Jane Cobb, Executive Director, SEC Historical Society

Full post as published by Legal History Blog on October 30, 2020 (boomark / email).