The FBI in New York City has undisclosed probes into about 30 suspected insider trading schemes, the agency said, in a sign investigators remains focused on building cases despite a court ruling that could curtail such prosecutions.
The number of probes, which has not been previously reported, comes amid a resurgence of insider trading cases, with prosecutors in Manhattan charging 11 people so far in 2016, up from just four in 2015.
The Federal Bureau of Investigation’s New York office has about 50 ongoing insider trading investigations, about 30 of which have yet to result in publicly-filed charges, a spokeswoman for the agency said last week.
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