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SEC loses battle against defendants but gains a crucial jurisdictional victory in derivatives area.
SEC’s Khuzami warns that agency is looking hard at insider trading related to derivatives.
Three weeks after running its first video on credit default swaps, 60 Minutes has returned to the subject with another in-depth analysis of CDS. Frank Partnoy, a law professor at the University of San Diego, explains the concept of a derivative to 60 Minutes, as basically a “side bet”: Think of it for a moment […]