Icahn Investigation Highlights Gray Area Of Securities Law


Fordham Law School Professor Steve Thel spoke with Law360 about why securities law remains gray in light of the Icahn investigation.

“The SEC has resisted making a clear rule because they don’t want to give a road map to how to insider trade,” said Steve Thel, a securities professor at the Fordham University School of Law. “The law is intentionally tough to understand.”

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