Jenner & Block

“Insider Trading and US v. Salman,” November Meeting of the Securities Regulation Committee of the NYSBA

Jenner & Block Partner Stephen L. Ascher and associate Michael E. Stewart will speak at a CLE program on insider trading at the November Meeting of the Securities Regulation Committee of the New York State Bar Association (NYSBA).  Mr. Ascher’s presentation will examine the recent developments in insider trading law as well as address the Supreme Court’s oral argument in US v. Salman.  Mr. Ascher will share his perspective on the case and discuss the amicus brief the firm filed on behalf of the Center on the Administration of Criminal Law at New York University School of Law, which became a primary focus of both the government’s presentation and the justices’ questioning at oral argument.  

Mr. Ascher is co-chair of the firm’s Securities Litigation and Enforcement Practice.  Banks, hedge funds, accounting firms, real estate companies, and others have sought his help with a wide variety of disputes arising out of the credit crisis and other front-page financial scandals of the last two decades. Institutions and individuals also seek his counsel with respect to SEC and other enforcement work.  He has tried cases in federal court, state court, and arbitration proceedings, including as lead counsel. 

In addition to Mr. Ascher, other authors of the brief included Partners Anthony S. Barkow and Matthew S. Hellman and Associates Caroline DeCell, David B. Diesenhouse, Lorenzo Di Silvio and Michael E. Stewart