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    Insider Trader

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    Martha Stewart Case
    In 2007 Martha Stewart was fined $195,000 and Peter Bacanovic was fined $75,000 by the SEC. Are these fines levied by the SEC are a deterrent to insider trading?
    What steps should the SEC take to protect the public against insider trading?

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    https://brainmass.com/business/business-law/insider-trader-385765

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    Martha Stewart Case
    In 2007 Martha Stewart was fined $195,000 and Peter Bacanovic was fined $75,000 by the SEC. Are these fines levied by the SEC are a deterrent to insider trading?
    These fines levied are sufficient deterrent to insider trading. That apart the tremendous publicity that accompanied the Martha Steward case communicated to one and all that insider trading was illegal could be detected and the fines levied are much higher than the profits earned or losses avoided. Martha Stewart was informed by her friend Sam Waksal that his company ...

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