Securities lawyers are attorneys who specialize in the laws governing the issuance, sale, and trading of securities. The Securities and Exchange Commission (SEC) is the federal agency responsible for enforcing these laws. Insider trading laws prohibit the trading of securities on the basis of material, nonpublic information.
These laws are essential for maintaining the integrity of the securities markets. They protect investors from fraud and manipulation, and they ensure that everyone has access to the same information when making investment decisions. Securities lawyers play a vital role in ensuring compliance with these laws.