Insider Trading in the Clinical Trial Setting
نویسندگان
چکیده
The Securities and Exchange Commission’s enforcement agenda regularly includes charges of trading based on material nonpublic information about a clinical drug trial conducted to obtain FDA approval market new drug. Almost half the recent cases have been accompanied by criminal indictment. In an academic setting, researchers those who advise them, unlike employees public companies, are not generally given training risks securities trading. Recent developments in law might be applied connection with ways that would foreseen until recently. It is time for comprehensive analysis how insider may important endeavor trials. Clinical trials should sullied conflicts created unlawful This Article begins basic principles trading, followed summary regulated. then turns which stock price sponsor used trade or tip. follows identifies number situations where use disclosure could unlawful. Employees sponsors trial, investigators, even subjectsparticipating run afoul prohibition such as when has breach confidentiality agreement exchanged between investigator participant, among participants, gleaned from attending medical conferences, obtained other settings specific this industry. Presenting full potential reach facilitates taking steps avoid violating law. demonstrates anyone involved must attuned misusing information, including scenarios yet pursued SEC. By understanding law, learn can take minimize risk liability. concludes recommendations achieve end. thus presents complete case study industry-specific application industries.
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ژورنال
عنوان ژورنال: Indiana Health Law Review
سال: 2023
ISSN: ['1549-3199', '2374-2593']
DOI: https://doi.org/10.18060/27435