Lawyers Weigh In on Supreme Court’s Newman Rejection

Mark Olinsky commented on the Supreme Court’s Newman rejection stating: “It is always risky to read too much into a denial of cert. But at the very least, in the face of an arguable circuit split, the Supreme Court has decided – at least for now — to leave the standard for tippee liability murky and to leave intact a Second Circuit decision that makes it much harder to obtain convictions of downstream tippees.”