Insider trading News
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Greenbelt -
A former chemist for the US Food and Drug Administration (FDA) has been sentenced to five years in prison. This is due to his involvement with an insider trading scheme, that spanned nearly five years, whilst he was working for the Federal Agency.
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Washington -
The U.S. Congress is reportedly planning to clamp down on alleged insider trading practices among its members. A procedural vote has been planned for Monday.
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New York -
Why should our elected officials have the green light to make money through insider trading when they are on the inside track anyway? But CBS News reports that they have the right, and they do it regularly.
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New York -
Raj Rajaratnam, a self-made hedge-fund tycoon convicted of fraud and conspiracy in Wall Street's biggest trading scandal in a generation, will be serving 11 years in prison, which is one of the longest sentences on record in an insider-trading case.
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20 people, including attorneys and Wall Street professionals, are reportedly facing criminal charges in a widening $53 million insider trading case.
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Dallas Mavericks owner and businessman Mark Cuban was charged with insider trading by the U.S. Securities and Exchange Commission (SEC). Cuban is accused of using insider information to save $750,000 in losses.
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Isn't this interesting... I have never understood how people can feel like insider trading doesn't hurt anyone but some nameless company.
it's called Backdating and sounds like just what it is. The company will give the CEO in question stock option...
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Insider trading Headlines
 The Ontario Securities Commission has launched an insider trading probe involving a former employee of venerable Canadian investment bank GMP Securities.
The US House of Representatives passes legislation barring insider trading by members of Congress by an overwhelming 417 to 2 vote.
The FBI has ambitious plans for its insider trading crackdown. The government is investigating whether about 240 people improperly shared insider information, senior agent David Chaves told the Wall Street Journal. Roughly half of those – 120 – are said to be “targets.” Insider trading...
A US hedge fund is handed a £7.2m fine by the UK financial markets watchdog for trading on inside information about Punch Taverns.
Actor Michael Douglas of 'Wall Street' fame does anti-insider-trading announcement for FBI
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