Brandon Cline, Caleb Houston, Valeriya Posylnaya (2025). Broken Windows: SEC Enforcement of Delinquent Insider Filings

Finance research paper presentation slides. This presentation summarizes the study Broken Windows: SEC Enforcement of Delinquent Insider Filings by Brandon Cline, Caleb Houston, Valeriya Posylnaya (2025). Slides cover main research questions (effectiveness of SEC enforcement of minor filing violations, spillover effects, selective enforcement, and connection to insider trading), motivation based on the broken windows theory, data description (SEC enforcement data, insider trading data, firm-level controls), methodology (linear probability models, difference-in-differences style analysis, network exposure), key findings (selective enforcement based on egregiousness, enforcement reduces future violations and risky trades, no evidence of triggering insider trading investigations), and overall conclusions. Designed for students who need ready-to-use, detailed analysis with graphs, tables, and discussion points. Includes analysis of deterrence effects across directly punished insiders and network exposure.