Here, at last, is a clear, practical guide on what's legal and what isn't in insider trading. It's the only book that gives you everything you need to: * Identify every potential source of insider trading liability * Deter inadvertent violations with an effective compliance program * Raise powerful defenses to government and private actions formations and transactions . . . with comprehensive, up-to-date coverage and analysis of such significant aspects as government enforcement, which private plaintiffs can sue, and transnational transactions. You'll find more information-and more readily usable strategy-than in any other source on the subject. In one convenient volume Insider Trading shows you all the ways to avoid liability exposure under all applicable law, including: * The recent Supreme Court case United States v. O'Hagan * Federal mail and wire fraud statutes * Section 10(b) and Section 16(b) * Bilateral treaties and SEC memoranda with 21 foreign jurisdictions * Transnational transactions * State law pitfalls Wang and Steinberg also give you compliance strategies, with sample policies and procedures, and effective defenses against government and private actions.