DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Insider trading crackdown nabs 40 and counting

**Aceroassert** · 06-11-2011, 01:50 PM

Nice to see some white collar criminals facing charges for a change. Hedge fund managers are none too happy about it, though. Gee, I wonder why.

NEW YORK (CNNMoney) -- In the nearly two years since the government began cracking down on insider trading, federal prosecutors have charged and convicted dozens of people in several overlapping cases.

The sweeping probe has resulted in criminal charges against 49 individuals and has yielded 40 convictions since August 2009, according to the U.S. Attorney's Office in Manhattan.

The Securities and Exchange Commission has also stepped up its enforcement actions, filing civil charges against more than 138 individuals in over 50 cases in the past 18 months. http://money.cnn.com/2011/06/09/news....htm?iid=HP_LN

06-11-2011, 01:50 PM	#1
Aceroassert Join Date Oct 2005 Posts 444 Senior Member	Insider trading crackdown nabs 40 and counting Nice to see some white collar criminals facing charges for a change. Hedge fund managers are none too happy about it, though. Gee, I wonder why. NEW YORK (CNNMoney) -- In the nearly two years since the government began cracking down on insider trading, federal prosecutors have charged and convicted dozens of people in several overlapping cases. The sweeping probe has resulted in criminal charges against 49 individuals and has yielded 40 convictions since August 2009, according to the U.S. Attorney's Office in Manhattan. The Securities and Exchange Commission has also stepped up its enforcement actions, filing civil charges against more than 138 individuals in over 50 cases in the past 18 months. http://money.cnn.com/2011/06/09/news....htm?iid=HP_LN
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