Tag: Data

SEC Targets Lose Defense to Data-Based Insider Trading Probes

An appeals court decision reviving an SEC insider trading case short-circuits what targets of agency probes based on data analysis and other circumstantial evidence hoped was a strike against such moves. A Virginia federal district court had abruptly ended the trial of Christopher Clark, a mortgage broker accused of trading on illicit tips ahead of Gartner Inc.’s 2017 acquisition of…

Read More

The SEC Speaks in 2014: Beware the Data Crunchers — King & Spalding

Even more notable to securities practitioners than the attendance of Mark Cuban at this year’s SEC Speaks event (held in Washington, D.C. on February 21-22, 2014) was the start-to-finish focus of the Enforcement Division on data, data, data. Beginning with Chair Mary Jo White’s kick-off address, and extending throughout the two-day event, the Commission and its staff lauded the SEC’s…

Read More

SEC Uses Data from Defendants’ MetroCards to Build Insider Trading Case – Compliance Week

Add “trackable mass transit” to the list of pitfalls that insider traders must avoid to stay out of trouble. In a case filed yesterday, the SEC relied on detailed information gleaned from defendants’ use of their subway MetroCards to help build its case. via SEC Uses Data from Defendants’ MetroCards to Build Insider Trading Case – Compliance Week

Read More