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You'll be happy to know that: [in 2016] the FEC Charged 78 parties in cases involving trading on the basis of inside information. A number of these cases invo
by shaki-dora 9y ago
You'll be happy to know that:
[in 2016] the FEC Charged 78 parties in cases involving trading on the basis of inside information.
A number of these cases involved complex insider trading rings which were cracked by Enforcement’s innovative uses of data and analytics to spot suspicious trading.
For example, brought insider trading cases against:
- two hedge fund managers and their source, who was a former employee of the U.S. Food and Drug Administration
- a former Goldman Sachs employee
- a former senior employee at Puma Biotechnology Inc.
https://www.sec.gov/news/pressrelease/2016-212.html https://www.sec.gov/news/pressrelease/2016-212.html