Return to Michigan Law Homepage

FOLLOW US Facebook Twitter YouTube Tumblr Google+
Skip Navigation Links
Prospective Students
Current Students
Alumni and Friends
Faculty and Staff
About Us
MLaw Global
Victors for Michigan

SEC "speed trap" for insider trading

Adam Pritchard"It's easy for them to bring these cases. It doesn't require a lot of effort if they've got some program that identifies late filers. This is a speed trap."

Adam C. Pritchard, Frances and George Skestos Professor of Law, in a Wall Street Journal article, discussing the Securities and Exchange Commission's revelation that it uses algorithms to identify insiders who allegedly repeatedly break rules on disclosing stockholdings and trades.