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JOE TACOPINA ON THE
MEDIA AND INSIDER
TRADING
By Joe Tacopina
Introduction
The U.S. Securities and Exchange Commission (SEC) has prioritized the prevention of insider trading in U.S. securities markets since the Great Depression. The subject is of relevance to the general public, who receive the bulk of their information from media reports. Experts like Manhattan attorney Joe Tacopina, a criminal defense lawyer and partner with the Law Offices of TacopinaSeigel & Turano, PC, help to accurately disseminate information about insider trading to the public at large.
About Insiders
A company's owners, directors, and
management, as well as its lawyers and
accountants, have routine access to
information that is generally unavailable to the
public. Such "insiders" can earn sums at the
expense of uninformed traders, thus
undermining public confidence in the securities
markets.
Conclusion
Joe Tacopina is one of several well-known and
trusted experts who help the public better
understand how insider trading occurs in real-
life situations, such as the very public
prosecution of Enron CEO Kenneth Lay and
allegations against former Goldman Sachs
Group Board Member Rajat Gupta.