Daily Archives: March 23, 2017, 9:15 am

U.S. SEC nominee Clayton to commit to rooting out fraud | Agricultural Commodities | Reuters

Jay Clayton, President Donald Trump’s nominee to chair the U.S. Securities and Exchange Commission, plans to promise lawmakers at his confirmation hearing on Thursday not to shy away from going after fraudsters. “I am 100 percent committed to rooting out any fraud and shady practices in our financial system,” said Clayton, according to excerpts of his prepared testimony seen by…

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Ex-Dean Foods Chair Admits to Insider Trading | AP

The former chairman of Dean Foods told jurors at a criminal trial Tuesday that he fed secrets about the company to a professional gambler for over seven years, sometimes speaking in coded language over a prepaid cellular phone called the “bat phone.” Thomas Davis, 68, was the prosecution’s star witness in the insider trading case brought against his onetime friend,…

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