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The SEC Tackles Wall Street Meltdown
The Securities and Exchange Commission is aggressively probing the financial world in the wake of the meltdown on Wall Street last fall. For the first time, the SEC filed an insider trading lawsuit involving the purchase of a credit default swap based on confidential, nonpublic material information. In-House Legal host, Paul D. Boynton welcomes Attorney David B. Bernsohn of Duane Morris LLP to help explain the underpinnings of the SEC’s case and the legal issues it raises.