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Prosecutors: Gupta wasn’t Rajaratnam’s only insider – Bloomberg
A second “insider” at Goldman Sachs Group Inc. allegedly leaked tips to hedge fund manager Raj Rajaratnam, U.S. prosecutors told the judge presiding over the case of former Goldman Sachs director Rajat Gupta. The government’s disclosure about another Goldman Sachs tipster for Mr. Rajaratnam, who was convicted of insider trading in May, came during Tuesday’s [...]
Preet Bharara’s toothless bite of Wall Street – Salon.com
“Preet Bharara is not busting Wall Street. He’s not collaring the masters of the meltdown”
Insider Trading Goes Mainstream: Preet Bharara Makes Cover of Time Magazine
Time Magazine gives its cover to Preet Bharara, the U.S. Attorney for the SDNY.
STOCK Act bogged down by congressional lard – POLITICO.com
Democrats and Republicans have proposed an avalanche of populist-tinged amendments and poison pills for STOCK Act.
SEC can seek disgorgement from dead defendant
Court finds disgorgement case is remedial, not punitive, and survives defendant’s death.
Archived Version and Materials for Jan. 26 Webcast: Insider Trading Compliance for Hedge Funds and Other Regulated Entities
Adam Wasserman and John Stark joined us for this webcast.
SOTU: President Obama Calls For a Law Banning Insider Trading by Members of Congress
Pres. Obama promises to sign legislation that bans insider trading by members of Congress.
British Regulator Fines Einhorn in Insider Trading Case
FSA fines David Einhorn and Greenlight Capital $11 million in insider trading matter.
Congress Doesnt Want to Give Up Its Insider Trading Privileges
STOCK Act continues to meet with resistance.