Before: JORDAN, HARDIMAN and SCIRICA, Circuit Judges.Anne M. Collart, Lawrence S. Lustberg [ARGUED], Gibbons, One Gateway Center, Newark, NJ 07102, Steven Metro , 32 Old Village Lane, Katonah, NY 10536, Counsel for Appellant Mark E. Coyne, Office of United States Attorney, 970 Broad St.-Rm. 700, Newark, NJ 07102, Glenn J. Moramarco [ARGUED], Office of United States Attorney, 401 Market Street, Camden, NJ 08101, Counsel for Appellee Steven Metro appeals from the 46-month sentence of imprisonment imposed by the District Court as a consequence of his guilty plea to one count of conspiracy to violate federal securities laws and one count of insider trading.