The STOCK Act and Whistleblowing — Round II

(Jonathan H. Adler)

On Sunday, I noted John Berlau and David Bier's concerns that the STOCK Act sweeps to broadly and could inhibit whistleblowing, and Professor Bainbridge's thorough response.   Now Berlau and Bier's colleague, Ryan Radia, has joined the fray, arguing in Berlau and Bier have valid concerns.  In his sur-reply, Professor Bainbridge explains why he's still unconvinced, and why legislative reform to restrain insider trading on Capitol Hill remains a good idea.