Supreme Court's Salman Insider Trading Ruling Sets Tough Precedent

Amid big Supreme Court ruling over Salman Insider Trading has a new era arrived? In a relatively quick and unanimous decision, the US Supreme Court ruled in favor of prosecutors in a much-watched insider trading case. After hearing the case October 5 amid differing lower court rulings, the justices, who have a history of splitting along party lines, ruled 8-0 against defendant Bassam Salman Tuesday. In doing so, the court sent a powerful message and handed prosecutors a solid legal framework under which they can adjudicate such cases.   Salman Insider Trading – US Supreme Court upholds tough approach Chicago…