Insider trading in Montgomery County is prosecuted under 15 U.S.C. § 78j(b) and SEC Rule 10b-5, carrying up to 20 years in federal prison and $5 million in fines. Law Offices Of SRIS, P.C. has extensive criminal defense experience in Montgomery County, Maryland. Call (888) 437-7747 for consultation by appointment.
Insider Trading Lawyer in Montgomery County, Maryland
Insider trading is the buying or selling of securities based on material, non-public information in violation of a fiduciary duty or other relationship of trust and confidence. Under 15 U.S.C. § 78j(b) and SEC Rule 10b-5, it is a federal crime prosecuted by the U.S. Attorney’s Office for the District of Maryland. The law prohibits any person from using confidential corporate information to gain an unfair advantage in the stock market. Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C., “Advocacy Without Borders,” brings 120+ years combined legal experience to defend clients facing these serious allegations.
Last verified: April 2026 | U.S. District Court for the District of Maryland | justice.gov
For the full text of the insider trading statute, see 15 U.S.C. § 78j(b) (U.S. Department of Justice — official site). For SEC Rule 10b-5, see SEC Rule 10b-5 (U.S. Securities and Exchange Commission — official site).
In the U.S. District Court for the District of Maryland, prosecutors routinely use grand jury subpoenas and wiretaps to build insider trading cases. We have observed that early intervention often prevents indictment.
- Do not speak to investigators without counsel present.
- Preserve all trading records and communications.
- Retain an attorney experienced in federal securities law.
- Evaluate whether a grand jury subpoena has been issued.
- Consider voluntary cooperation strategies with counsel.
- Prepare for potential SEC civil enforcement proceedings.
In Montgomery County, insider trading carries a maximum penalty of 20 years in federal prison and a $5 million fine for individuals.
| Offense | Classification | Incarceration | Fine | License Impact | Additional Consequences |
|---|---|---|---|---|---|
| Insider Trading (15 U.S.C. § 78j(b)) | Federal Felony | Up to 20 years | Up to $5 million (individual) | Potential SEC bars from securities industry | Forfeiture of profits; supervised release; no parole |
| Securities Fraud (18 U.S.C. § 1348) | Federal Felony | Up to 25 years | Up to $5 million (individual) | Potential SEC bars from securities industry | Forfeiture; restitution; supervised release |
Results may vary.
Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C. brings 120+ years combined legal experience, 4,739+ documented firm-wide results across VA, MD, DC, NY and NJ, and a favorable-outcome rate above 93%. The firm has handled complex federal criminal cases including insider trading, securities fraud, and white-collar defense. “Advocacy Without Borders” reflects the firm’s commitment to providing experienced representation regardless of case complexity.
Law Offices Of SRIS, P.C. has 21 total documented case results across all practice areas in Montgomery County: 2 dismissed or not guilty, 19 reduced or amended — a favorable-outcome rate of 95%. Results may vary. These case results depend on a variety of factors unique to each case.
Our location in Rockville is approximately 2 miles from the District Court of MD for Montgomery County, with access via I-270 and Route 355. Serving as an insider trading lawyer near Montgomery County, we represent clients throughout the area. Serving the communities of 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.
Law Offices Of SRIS, P.C. — Maryland
199 E. Montgomery Avenue, Suite 100, Room 211, Rockville, MD 20850
(888) 437-7747
By appointment only.
Frequently Asked Questions About Insider Trading in Montgomery County
What is Probation Before Judgment (PBJ) in Montgomery County, Maryland?
PBJ is a Maryland disposition where the judge places you on probation instead of entering a guilty verdict.
PBJ avoids a formal conviction on your record and is available for most misdemeanors and many felonies at District Court of MD for Montgomery County (191 East Jefferson Street, Rockville, MD 20850). After probation, PBJ cases can be expunged (3-year waiting period) under Md. Code, Criminal Procedure Art. § 6-220.
Can I get my criminal record expunged in Montgomery County, Maryland?
Yes, Maryland allows expungement for acquittals, dismissals, Nolle Prosequi, Stet, PBJ (after 3 years), and many non-violent convictions.
Cases in Montgomery County are expunged through the court where the case was heard (District Court of MD for Montgomery County) under Md. Code, Criminal Procedure Art. § 6-220.
What happens after a criminal arrest in Montgomery County, Maryland?
After arrest in Montgomery County, you go through initial appearance, bail review, arraignment, and trial.
Misdemeanors are tried at District Court of MD for Montgomery County (191 East Jefferson Street, Rockville, MD 20850). Felonies go to Montgomery County Circuit Court. Bail is set by a District Court commissioner at initial appearance under Md. Code, Criminal Law Article.
Do I need a lawyer for a misdemeanor in Montgomery County, Maryland?
Yes, many Maryland misdemeanors carry significant penalties — second-degree assault: up to 10 years; theft $100-$1,500: up to 6 months.
An attorney at District Court of MD for Montgomery County can negotiate PBJ (no conviction on record) or dismissal. Contact SRIS at (888) 437-7747.
What is the difference between state and federal charges?
Federal charges are prosecuted by the U.S. Attorney with generally harsher penalties and no parole.
An experienced federal defense attorney is critical. Federal cases are governed by the Federal Criminal Code (18 U.S.C.) and Federal Sentencing Guidelines, prosecuted by USAO District of Maryland (Baltimore/Greenbelt divisions) in the U.S. District Court for the District of Maryland.
How does a Maryland lawyer defend against insider trading charges?
Defense strategies for insider trading in Maryland may include challenging evidence, examining procedural compliance, negotiating with prosecutors, and presenting mitigating factors.
An experienced attorney evaluates the specific facts under 15 U.S.C. § 78j(b) to build the strongest possible defense.
What should I do if I am facing insider trading charges in Maryland?
If facing insider trading charges in Maryland, contact a federal criminal attorney immediately.
Do not discuss the case with anyone except your lawyer. Preserve all relevant documents and evidence. The statute of limitations and court deadlines under federal law require prompt action.
What are the penalties for insider trading in Maryland?
Penalties for insider trading in Maryland depend on the specific charges, prior record, and circumstances.
Under 15 U.S.C. § 78j(b), consequences may include fines up to $5 million, jail time up to 20 years, probation, or other sanctions. Consult a Maryland federal criminal attorney for case-specific guidance.
For more information about criminal defense in Maryland, visit our Criminal Defense Lawyer Salisbury page. You may also be interested in our Criminal Defense Lawyer Howard County and Criminal Defense Lawyer Calvert County pages.
Last updated: 2026-04-28