In order to secure a conviction on insider trading charges, the prosecution must prove that the defendant knew the information was insider information and that the person from a company who provided it was getting a benefit for it.

Question

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For a conviction on insider trading charges, the prosecution must establish that the defendant was aware the information was non-public and material, and that the insider providing the information received a personal benefit from the disclosure, as established by the Supreme Court in Dirks v. SEC (1983).

In Order to Secure a Conviction on Insider Trading Charges