Director of the Center for Cooperation with the Private Sector of the German Agency for Technical Cooperation (GTZ)
Position:
Not Clearly Pro or Con
to the question "Should insider trading by Congress be allowed?"
Reasoning:
"...The intuition of investors and their feeling for justice and fairness should not be underestimated. If investors feel unfairly treated they may lose confidence in the integrity of the securities market. These investors would then withdraw from the market and invest in other opportunities. This view clarifies why concern about the confidence of investors in the integrity of the market was a motive for the enactment of the insider trading prohibition..."
"How Would O'Hagan Come Out Under the New German Securities Trading Act?," Gonzaga Journal of International Law, Winter 1997-1998
Experts
Individuals with JDs, PhDs, other relevant advanced degrees, and government officials with significant involvement in, or related to, insider trading issues. [Note: Experts definition varies by site]
Involvement and Affiliations:
Director, Center for Cooperation with the Private Sector, German Agency for Technical Cooperation (GTZ), 2004
Former Press Spokesman, BASF Aktiengesellschaft, Ludwigshafen, Germany, 1998