Andrew Verstein ( professor of law at UCLA, joins the Business Scholarship Podcast ( to discuss his forthcoming article Mixed Motives Insider Trading (. In this article, Verstein observes that individuals often have proper and improper motivations to trade securities (e.g., needing cash for a child’s tuition while being in possession of material non-public information about bad financials results), which complicates liability analysis for insider trading. To resolve that complication, he proposes a mixed-motives approach that balances the need to hold illicit traders accountable with the need to permit labor-intense market research.
This episode is hosted by Andrew Jennings (), a teaching fellow and lecturer in law at Stanford Law School.
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