Daily Archives: April 24, 2013, 9:37 am

Jon Stewart Rains Down on Congress for Weakening STOCK Act – Compliance Week

Earlier this month, Congress quietly repealed a key provision of the STOCK Act that applied to roughly 28,000 senior government officials. It was not quiet enough to escape notice by Comedy Central’s Jon Stewart, however, who ridiculed Congress last night for weakening the STOCK Act in his standard, scathing fashion. via Jon Stewart Rains Down on Congress for Weakening STOCK…

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Market quavers after fake AP tweet says Obama was hurt in White House explosions – The Washington Post

A fake tweet about an attack on the White House briefly roiled the financial markets on Tuesday afternoon, sending stocks tumbling within minutes and prompting the FBI and securities regulators to look into the hacking incident. A posting on the Twitter account of the Associated Press reported explosions at the White House that injured President Obama. Almost immediately, the stock…

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Deductive Reasoning Can Be a Dangerous Thing – DealBook

A recent case involving a Canadian investment banker raises an interesting question about whether a person’s own intuition about a merger constitutes illegal insider trading charge. The answer becomes even more difficult when two securities regulators reach different conclusions about whether there was any confidential information involved. via Deductive Reasoning Can Be a Dangerous Thing – DealBook

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