Use Insider Trading: Regulation, Enforcement, and Prevention to determine which activities constitute insider trading and what the consequences are. Topics discussed include: • The source of the prohibition against insider trading • The evolution of the law • The abstain or disclose obligation of corporate insiders • Tipper and tippee liability • Material nonpublic information • The misappropriation theory • Trading on information regarding a tender offer • The gray areas of insider trading liability The appendix includes practical information such as typical questions and suggested answers regarding insider trading by officers, directors, and employees.