The state’s attorney general, Eric T. Schneiderman, cited the settlement as a wider effort to crack down on what he called “insider trading 2.0.” His focus is on those who might be getting a peek at market-moving information before it reaches the rest of the investment world.Mr. Schneiderman is pushing to expand what can be considered insider trading subject to prosecution to reach what he called in a September speech “road-rigging, market-manipulating” conduct. But this effort may also end up blurring the already thin line between permissible securities analysis and illegal conduct.
via Push to Combat Insider Trading May Go Too Far – NYTimes.com
