Milbank Litigation partner Antonia Apps was the keynote speaker at a joint Australian Securities and Investments Commission/Sydney Law School seminar entitled “Recent Developments in Securities Fraud and Insider Trading Litigation in the US and Australia.” Ms. Apps, who was a prominent prosecutor in a number of the recent high profile securities fraud and insider trading cases in the United States, discussed recent developments in US securities law enforcement and US case law. Commentators Justice Michael Wigney and Chris Savundra spoke on recent developments in Australian securities fraud and insider trading litigation, and how Australia’s penalties compare to the US. The conference took place in Sydney, Australia on Monday, December 22, 2014.