Obama signs STOCK Act to ban "congressional insider trading"
President Obama on Wednesday signed the STOCK Act into law, a bipartisan bill designed to stop so-called "congressional insider trading." The measure, which passed in Congress last month, prohibits...
View ArticleEx-business titan Gupta guilty of insider trading
Rajat Gupta, a consummate business insider who once sat on the board of Goldman Sachs Group Inc, was convicted on Friday of leaking secrets about the investment bank at the height of the financial...
View ArticleHall of Famer Murray settles insider-trading case
Eddie Murray made big money in baseball with his powerful swing from both sides of the plate. According to the Securities and Exchange Commission, he had some illicit help after leaving the game.
View ArticleJudge temporarily blocks Stock Act
A federal judge Thursday temporarily blocked the government from enforcing a new insider trading law that would require about 28,000 executive branch employees to disclose details of their financial...
View ArticleCiti fined $2 million by Massachusetts over Facebook IPO
Massachusetts fined Citigroup $2 million to settle charges that two bank analysts improperly released confidential information about Facebook's financials before the technology company went public.read...
View ArticleCiti Web Analyst Fired After Lapse
Citigroup fired Internet stock analyst Mark Mahaney amid accusations he leaked confidential information about Facebook's IPO.
View ArticleEx-hedge fund manager charged in $250M insider scam
A former hedge fund manager was charged Tuesday in what prosecutors are calling the most lucrative insider trading scheme ever, with ill-gotten gains totaling more than $250 million.
View ArticleGalleon Group founder's brother charged with insider trading
A younger brother of Raj Rajaratnam was charged with insider trading on Thursday, nearly two years after the founder of the Galleon Group hedge fund was convicted of that crime.read more
View ArticleDealBook: SAC Capital Manager Arrested in Insider Trading Case
Federal agents have arrested Michael Steinberg, a senior SAC Capital Advisors portfolio manager, the most senior employee at the giant hedge fund ensnared in the government’s vast insider trading...
View ArticleEnron's Jeff Skilling could get early release from prison
Former Enron CEO Jeffrey Skilling, who is serving a 24-year prison term for his role in the energy giant's epic collapse, could get out of prison early under an agreement being discussed by his...
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