Legal Insider Trading?

The revelation this week that certain investors are legally receiving PR wire information minutes before others seems to permit, at least for now, the rarest of things: replicable, legal trading on inside information.  I explain in this post (click here) on my Enforcement Action blog over at Compliance Week, and note that the last time I saw this sort of rare bird was in 2006, courtesy of none other than a certain owner of the Dallas Mavericks.