Posts Tagged “Insider Trading”
by The Compliance Exchange on April 18, 2013
Mary Jo White, the first former prosecutor to serve as chairman of the U.S. Securities and Exchange Commission, has pledged to run a “bold and unrelenting” enforcement program at the agency charged with regulating Wall Street.
by The Compliance Exchange on January 23, 2013
Gupta, a former Goldman Sachs board member, has asked a federal appeals court to reverse his conviction on insider trading charges, arguing that a judge made a series of incorrect rulings during his trial.
by Kyle Colona on January 4, 2013
While Steve Cohen has been painted as the “capo di capi” in the Fed’s never ending probe of insider trading in the hedge fund sector, he continues to be the boss of bosses when it comes down to the bottom line: making deals and making money.
by Beth Connolly on January 4, 2013
Matthew Martoma, the former SAC Capital Advisors trader accused of helping SAC profit and avoid losses totaling $276 million off of an illegal tip, has pleaded not guilty to charges of insider trading brought against him by federal prosecutors. His (…)
by Kyle Colona on January 3, 2013
The coming year will continue to be a busy one for legal and compliance professionals as the government continues its pursuit of insider traders, fraudsters, and those who brought us the subprime mortgage disaster. According to the New York Times (…)
by The Compliance Exchange on January 3, 2013
By letter to the Securities and Exchange Commission (“SEC”) Chair dated December 28, 2012, the the Council of Institutional Investors (”CII”) raised its concerns about the potential misuse of trading plans that are intended to satisfy the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934.
by The Compliance Exchange on December 26, 2012
The recent rash of insider trading cases may be a shock to some on Wall Street, but not to one long-time market player: Bernie Madoff.
by The Compliance Exchange on December 20, 2012
The convictions of Anthony Chiasson and Todd Newman in a lucrative insider trading case may well send a message to Mathew Martoma
by Beth Connolly on December 17, 2012
What led a highly esteemed academic professional from a life of teaching to illicit sharing of insider information?
by The Compliance Exchange on December 14, 2012
As sentences in insider trading cases have grown longer, insider trading has continued, apparently at historically high rates.