The Dec 6, 2016 court ruling in US v Salman clarifies the “personal benefit” requirement and eases the government’s burden of proving insider trading cases. But how does this impact other decisions such as US v Newman and the prosecution of future insider trading cases? While the government need not show that the tipper has received something of tangible value, it raises the question of when the relationship between tipper and tippee reaches the level which would satisfy this lesser “personal benefit” requirement. This CLE program, presented by securities litigator Ralph Siciliano, head of the Tannenbaum Helpern’s Governmental and Regulatory Investigations Practice, addresses these and other critical questions in light of the Salman decision.