Bharara said news reports calling this a major setback amounted to modern “yellow journalism” and belied the nature of his office’s work in prosecuting cases based on the state of the law.
“If Congress tomorrow adopted The Wall Street Journal editorial page’s view that insider trading is awesome — which appears to be their view — then we wouldn’t prosecute those cases,” Bharara said.
via Bharara brushes off reports of insider trading ruling’s damage | POLITICO