Attorney Norman Knickle, Securities and Exchange Commission, Professor Donald Langevoort, Georgetown University Law Center, Professor Jonathan R. Macey, Yale Law School, Professor Marc I. Steinberg, SMU Dedman School of Law

The panel focuses on Texas Gulf Sulphur’s doctrinal importance in areas of securities law outside the context of insider trading in the areas of materiality, issuer liability for misleading disclosure and Rule 10b-5’s “in connection with” requirement, and affirmative disclosure responsibilities. Return to insider trading, with a focus on congressional efforts in the 1980s, as well as current legislative efforts, to define the offense of insider trading as something separate and apart from securities fraud.