Daily Archives: November 21, 2013, 8:30 am

Inside-Trading Probe of Height Securities Over Decision on Medicare Payments Hits Wall in Capital – WSJ

The Securities and Exchange Commission and Federal Bureau of Investigation have been examining whether anyone in government illegally passed along information April 1 about a pending decision on Medicare payments, according to officials involved in the probe. A report from a Washington policy-research firm, Height Securities, correctly called the decision just before it was announced, which sent health-care stocks soaring. The…

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Justice Department taking larger role on SEC’s turf – The Washington Post

The Justice Department has aggressively tackled financial misconduct in two recent high-profile cases, the type typically handled by the Securities and Exchange Commission. This week, Justice exacted a record $13 billion settlement with JPMorgan Chase to resolve allegations that the bank knowingly sold faulty mortgage securities. Earlier this year, it slapped Standard & Poor’s with a lawsuit that accused the…

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