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Insider Trading

Prosecutors Use Email, Wiretaps To Link Gupta With Insider Trading

Reuters | Posted 07.24.2012 | Business

* U.S. prosecutors paint jurors a picture of 2008 events * Fourth day of ex-Goldman director's insider-trading trial * R...

D.M. Levine

Goldman Sachs Looms As Rajat Gupta Fraud Trial Begins | D.M. Levine | Posted 05.21.2012 | Business

Goldman Sachs haunts the insider trading case against one of the Wall Street bank's former directors, Rajat K. Gupta. As Gupta's federal fraud trial o...

Ex-Yahoo Director Charged With Insider Trading

Reuters | Basil Katz | Posted 07.23.2012 | Business

By Basil Katz (Reuters) - Federal prosecutors on Monday announced insider trading charges against a former Yahoo employee and a fund ma...

Prosecutor: Ex-Goldman Director 'Threw Away His Duties'

Reuters | Posted 07.21.2012 | Business

* Rajat Gupta denies insider-trading charges * Current Goldman director set to testify for prosecution * Former Goldman ...

Goldman Director Starts Insider Trading Trial Today

AP | TOM HAYS | Posted 07.20.2012 | Business

NEW YORK (AP) — The July 29, 2008, phone call between two titans of Wall Street began with the old friends exchanging mild pleasantries, but then qu...

Insider Trading May Just Be A Fact Of Life On Wall Street

The New York Times | Gretchen Morgenson | Posted 05.20.2012 | Business

Federal authorities today are trumpeting efforts to root out insider trading, and they’ve caught some big fish. Yet many on Wall Street suspect that...

'Frida' Producer Settles Insider Trading Charges

AP | Posted 07.08.2012 | Business

WASHINGTON — A Hollywood producer and five of his relatives and friends have agreed to pay $1.9 million to settle civil insider-trading charges....

GOP Rep Cleared In Insider Trading Probe

Posted 04.30.2012 | Politics

The Office of Congressional Ethics found no evidence of Rep. Spencer Bachus (R-Ala.) violating insider trading rules and has unanimously agreed to dro...

Another Goldman Name In Insider Trading Probe

The Huffington Post | D.M. Levine | Posted 04.26.2012 | Business

Another Goldman Sachs name has been connected to the investigation of insider trading at defunct hedge fund Galleon Group. Federal prosecutors and...

Current Goldman Employee Under Investigation For Insider Trading

Reuters | Posted 06.19.2012 | Business

NEW YORK, April 19 (Reuters) - Federal prosecutors in California are investigating a Goldman Sachs employee for insider trading according to prosecu...

Denver Man Gets Probation In Insider Trading Case

AP | Posted 04.12.2012 | Denver

NEW YORK -- A Denver investment adviser credited for his cooperation with prosecutors was sentenced Wednesday to probation for his role in an insider ...

Reforming Washington & Restoring Our Faith in Congress

Sen. Kirsten Gillibrand | Posted 06.04.2012 | Politics
Sen. Kirsten Gillibrand

If we are going to restore the trust the American people have in Congress and rebuild their faith in government, increasing transparency and accountability in many aspects of how Washington does business is imperative. The STOCK Act is just a start.

Obama Signs STOCK Act

AP | The Associated Press | Posted 06.04.2012 | Politics

WASHINGTON — President Barack Obama signed legislation Wednesday barring members of Congress, the president and thousands of federal workers fro...

Congress Takes a Step or Two Forward, Two Steps Back

Michael Winship | Posted 05.26.2012 | Politics
Michael Winship

Six long, weary years after Louise Slaughter proposed a law to ban insider trading by members of Congress, the Senate approved the House version of the STOCK. All it ultimately took were the magic words, "60 Minutes is here to see you."

Judge On Ex-Lehman Broker: 'He Betrayed The Trust Of Everyone'

Reuters | Posted 05.23.2012 | Business

* Devlin stole secrets from PR executive wife * Helped convict four friends of insider trading By Grant McCool ...

Lieberman Parties With Lobbyists Hours Before Passing Watered-Down Ethics Reform

Lee Fang | Posted 05.23.2012 | Politics
Lee Fang

Strong improvements to the bill, from both Senator Rand Paul (R-KY) and Senator Sherrod Brown (D-OH), were blocked. The weakened STOCK Act, which President Obama says he will sign, does little to address any real corruption in Congress.

Congress, America's Heroes

The Huffington Post | Mark Gongloff | Posted 03.23.2012 | Business

We're like an Etch-a-Sketch, too, you know: Every day we shake it up and show you seven and a half new things you need to know. Here they are: Thin...

Watchdog Chasing After These Speedy Firms

Reuters | Posted 05.22.2012 | Business

March 23 (Reuters) - The U.S. securities watchdog is looking at whether some high-frequency trading firms have used their close links to computerise...

Alcoholics Anonymous Confession Allegedly Produced Tip For Insider Trade

Reuters | Posted 05.13.2012 | Business

* SEC charges five in elaborate insider-trading web * Two charged include Ameriprise financial advisers * Others include...

Will Main Street or Wall Street Get Dealt the Upper Hand on STOCK Act?

Craig Holman | Posted 05.05.2012 | Politics
Craig Holman

In the weeks following an explosive 60 Minutes exposé on congressional insider trading, both chambers of Congress nearly unanimously passed the "Stop Trading on Congressional Knowledge" (STOCK) Act. But there is still no law. What's the holdup?

Government Investigating Top Goldman Executive

The Huffington Post | Bonnie Kavoussi | Posted 03.14.2012 | Business

The U.S. is cracking down on the possibility of insider trading at Goldman Sachs, and not among the peons. The FBI is investigating David Loeb, 41...

New Requirement Could Reveal Interesting Information About Lawmakers

AP | LARRY MARGASAK | Posted 04.29.2012 | Politics

WASHINGTON — Congress is about to open a new, real-time window into its members' stock trades, real estate deals and other financial transaction...

Gordon Gekko Lives -- In PSA Form!

Posted 02.27.2012 | Business

Michael Douglas has a new starring role. The FBI has enlisted Douglas, an actor famous for his roles in Basic Instinct and Traffic, to encourage W...

Here's The Real Reason Why Banning Insider Trading In Congress Will Be Tough

Reuters | Posted 04.23.2012 | Business

* SEC's Schapiro endorses insider-trading curb for lawmakers * Schapiro says bill may help SEC bring cases * Says consti...

A Sane Explanation for Insane Behavior

Dan Solin | Posted 04.22.2012 | Business
Dan Solin

I find it intriguing that well-educated, successful people would engage in this conduct. It raises these questions: If hedge fund managers have the secret mojo that permits them to obtain outsized returns without taking commensurate risks, why do they have to resort to illegal conduct?