Salman v. United States
Salman v. United States, 580 U.S. ___ (2016), was a United States Supreme Court case in which the Court held that gifts of confidential information without any compensation to relatives for the purposes of insider trading are a violation of securities laws. The Court relied on its decision in Dirks v. Securities and Exchange Commission, 463 U.S. 646 (1983), which held that "that a tippee is exposed to liability for trading on inside information only if the tippee participates in a breach of the tipper's fiduciary duty."
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Salman v. United States
Salman v. United States, 580 U.S. ___ (2016), was a United States Supreme Court case in which the Court held that gifts of confidential information without any compensation to relatives for the purposes of insider trading are a violation of securities laws. The Court relied on its decision in Dirks v. Securities and Exchange Commission, 463 U.S. 646 (1983), which held that "that a tippee is exposed to liability for trading on inside information only if the tippee participates in a breach of the tipper's fiduciary duty."
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Salman v. United States, 580 U ...... the tipper's fiduciary duty."
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Salman v. United States,
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Bassam Yacoub Salman, Petitioner v. United States
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Under Dirks, the jury could in ...... rmation to a trading relative.
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unanimous
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Salman v. United States
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Dirks v. Securities and Exchange Commission
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Supreme Court
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___
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Salman v. United States, 580 U ...... the tipper's fiduciary duty."
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Salman v. United States
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Bassam Yacoub Salman, Petitioner v. United States
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