Daily Archives: August 2, 2019, 10:22 am

Study finds mutual fund managers use their networks for info on insider trades

Chen, along with his co-authors Lauren Cohen of Harvard Business School, Umit Gurun of the University of Texas at Dallas, Dong Lou of the London School of Economics and Christopher Malloy of Harvard Business School, identified which corporate insiders were being tracked based on what trading information portfolio managers downloaded off the site. Using the IP addresses connected with the…

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SEC Chair Clayton announces new coordinated approach to settlement negotiations and the waiver process | Insights | DLA Piper Global Law Firm

Until recently, those seeking to settle an action with the SEC were required to pursue two distinct tracks: resolution of a pending investigation negotiated with the SEC’s Division of Enforcement, and waiver of potential collateral consequences negotiated with the SEC’s Divisions of Corporate Finance and/or Investment Management (or SEC staff under delegated authority). The processes moved forward separately, could be…

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