The revaluation of the subpoenas from Eric Schneiderman’s office, first reported by the Wall Street Journal, brings to at least four the number of agencies probing what the New York Attorney general has described as “Insider Trading 2.0.”
Other entities investigating whether Wall Street firms are taking advantage of “differences in delays, or latencies, of trade information distributed between trading venues” include the Commodity Futures Trading Commission, the Securities and Exchange Commission and the Federal Bureau of Investigation.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn