Hedge Fund King Guilty of Insider Trading
In the largest illegal stock-tipping case in a generation, and the first pure insider trading case in which the prosecution introduced wiretapped telephone conversations, Galleon hedge fund co-founder...
View ArticleSEC Approves Whistleblower Rewards Program
The Securities and Exchange Commission has voted to allow whistleblower employees to go straight to the SEC with information about securities law violations without reporting it to their employer, and...
View ArticleInvestment Corruption Reportedly Reaches the Highest Levels of Government
A recent Bloomberg Markets Magazine article raises troubling questions about investment corruption at the highest levels of government. In July 2008, as market fears mounted, Treasury Secretary Henry...
View ArticleInsider Trading Probes Expand
Wiretaps of hundreds of conversations have led federal authorities to pursue charges against individuals at two well-known hedge funds and an established mutual fund that caters to ordinary retail...
View ArticleInsider Trading Charges Reveal Hedge Fund Industry’s “Culture of Greed”
Federal prosecutors have been putting a full court press on insider trading by hedge funds over the past four years. They recently announced the filing of criminal charges against seven more...
View ArticleAre Members of Congress Abusing Their Positions to Profit Personally?
Representative Spencer Bachus (Republican, Alabama), the Chairman of the House Financial Services Committee (which oversees the financial services industry), is under investigation by the Office of...
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