Insider Trading: Law, Liability and Compliance

David Rosenfeld is Professor of Law at Northern Illinois University College of Law.  Before entering the academy, Prof. Rosenfeld had a long career at the Securities and Exchange Commission where he was co-head of Enforcement for the SEC’s New York Office. At the SEC, Prof. Rosenfeld was responsible for many of the Commission’s biggest insider trading cases, including the Galleon insider trading case and its many offshoots, including the SEC’s cases against Newman and Martoma.  
Prof. Rosenfeld’s articles have been published in the Iowa Law Review, the Journal of Corporation Law, the University of Chicago Business Law Review, the University of Pennsylvania Journal of Business Law, and the Louisiana Law Review among others.
Before joining the SEC, Prof. Rosenfeld taught at the University of Virginia and was an Associate at Davis Polk & Wardwell in New York.  Prof. Rosenfeld received his JD from Harvard Law School, where he was an Editor of the Law Review.  After law school, Prof. Rosenfeld was a law clerk for the Hon. A. Raymond Randoph of the United States Court of Appeals for the District of Columbia Circuit. He received a Ph.D. in Political Theory from Columbia University.