Insider Trading Lawyer Montgomery County: Federal securities fraud under 15 U.S.C. § 78j(b) and SEC Rule 10b-5 carries up to 20 years in federal prison. Law Offices Of SRIS, P.C. has 21 total documented case results across all practice areas (95% favorable outcome rate). Former prosecutors on staff provide strategic defense at the U.S. District Court for the District of Maryland.
What Is Insider Trading Under Federal Law?
Insider trading is the buying or selling of a security while in possession of material, non-public information, in breach of a fiduciary duty or other relationship of trust and confidence. The SEC enforces this under 15 U.S.C. § 78j(b) and SEC Rule 10b-5. The U.S. Department of Justice prosecutes criminal insider trading cases. A conviction can result in up to 20 years in federal prison, fines up to $5 million for individuals, and disgorgement of profits. The U.S. Attorney’s Office for the District of Maryland prosecutes these cases in the U.S. District Court for the District of Maryland.
Last verified: April 2026 | U.S. District Court for the District of Maryland | 15 U.S.C. § 78j(b) (official Cornell LII)
For the official federal statute, see 15 U.S.C. § 78j(b) (Cornell LII). For the U.S. District Court for the District of Maryland, visit the court’s official website.
Insider Procedural Edge: How Federal Insider Trading Cases Proceed in Montgomery County
Federal insider trading cases in Montgomery County are investigated by the FBI and SEC. The U.S. Attorney’s Office for the District of Maryland prosecutes these cases in the U.S. District Court for the District of Maryland in Greenbelt or Baltimore. The government must prove beyond a reasonable doubt that you traded on material, non-public information while knowing it was obtained through a breach of duty.
- Investigation: The SEC or FBI investigates suspicious trading activity. You may receive a subpoena or target letter.
- Grand Jury: The government presents evidence to a federal grand jury. You have the right to testify, but rarely should.
- Indictment: If the grand jury indicts, you are formally charged. Arraignment follows in U.S. District Court.
- Pretrial Motions: Your lawyer files motions to suppress evidence, dismiss charges, or compel discovery.
- Trial or Plea: Most cases resolve by plea agreement. Trials are before a federal judge or jury.
- Sentencing: The court applies the U.S. Sentencing Guidelines. Cooperation can reduce the sentence.
In Montgomery County, federal insider trading carries up to 20 years in prison, fines up to $5 million, and disgorgement of profits.
| Offense | Classification | Incarceration | Fine | License Impact | Additional Consequences |
|---|---|---|---|---|---|
| Insider Trading (Criminal) | Federal Felony | Up to 20 years | Up to $5 million (individual) | None | Disgorgement of profits; SEC civil penalties; supervised release |
| Insider Trading (Civil) | SEC Civil Violation | None | Up to three times the profit gained or loss avoided | None | Disgorgement; bars from serving as officer/director |
Results may vary. Prior results do not guarantee a similar outcome.
Why Choose Law Offices Of SRIS, P.C. for Your Insider Trading Defense?
Founded in 1997 by former prosecutor Mr. Sris, Law Offices Of SRIS, P.C. brings over 120 years of combined legal experience. Our firm has 4,739+ total documented case results across all practice areas with a 93%+ favorable outcome rate. Our tagline is “Advocacy Without Borders.” We have 21 total documented case results across all practice areas in Montgomery County (95% favorable outcome rate). Our team includes former prosecutors who understand how the government builds insider trading cases. Mr. Sris personally amended Va. Code § 20-107.3, demonstrating his ability to effect change at the highest levels of law.
Case Results in Montgomery County
Law Offices Of SRIS, P.C. has 21 total documented case results across all practice areas in Montgomery County, with a 95% favorable outcome rate. Firm-wide, we have 4,739+ total documented case results across all practice areas (93%+ favorable outcome rate) across VA, MD, NJ, NY, and DC.
Results may vary. Prior results do not guarantee a similar outcome.
Insider Trading Lawyer Near Montgomery County
Our Rockville/MD location serves clients at Montgomery County courts, accessible via I-270, I-495, Route 355 (Rockville Pike), Route 29, and Route 97 (Georgia Ave).
Insider Trading Lawyer near Montgomery County — near Rockville Town Square, Bethesda Row, NIH, Walter Reed, Montgomery County Government Center, and White Flint/Pike & Rose.
We serve Rockville, Bethesda, Silver Spring, Gaithersburg, Germantown, Wheaton, Kensington, Potomac, Olney, Damascus, Clarksburg, Takoma Park, and Chevy Chase.
24/7 phone consultations — (888) 437-7747 — meetings by appointment only.
Toll-Free: (888) 437-7747 | Local: (888)-437-7747
199 E Montgomery Ave Suite 100 Room 211, Rockville, MD 20850, United States
By appointment only.
Frequently Asked Questions About Insider Trading in Montgomery County
What is insider trading under federal law?
Yes, insider trading is the illegal practice of trading a security while in possession of material, non-public information, in breach of a fiduciary duty. It is a federal crime under 15 U.S.C. § 78j(b) and SEC Rule 10b-5.
Can I go to prison for insider trading in Montgomery County?
Yes, a criminal insider trading conviction carries up to 20 years in federal prison, fines up to $5 million for individuals, and disgorgement of profits. The U.S. Attorney’s Office for the District of Maryland prosecutes these cases.
What is the difference between SEC civil and criminal insider trading cases?
The SEC brings civil enforcement actions seeking fines, disgorgement, and bars from serving as officer/director. The DOJ brings criminal cases seeking prison time. Both can arise from the same conduct.
Do I need a lawyer if I receive a subpoena from the SEC?
Yes, you should contact an experienced securities insider trading defense lawyer Montgomery County immediately. A subpoena does not mean you are charged, but it indicates an investigation. Early legal representation can protect your rights.
How long does a federal insider trading case take in Montgomery County?
It depends. Investigations can last months to years. After indictment, cases typically resolve within 6-18 months. Complex cases involving multiple defendants or international evidence can take longer.
Can insider trading charges be dismissed?
Yes, charges can be dismissed if the government cannot prove you knew the information was material, non-public, and obtained through a breach of duty. Pretrial motions challenging the sufficiency of evidence or illegal searches can lead to dismissal.
Last verified: April 2026. Information current as of April 2026. Laws change — contact Law Offices Of SRIS, P.C. at (888) 437-7747 for current guidance.