Executives and other high-level inside traders at US companies with global sales earned about three times as much in a month as the average investor, a new study found.
Financier Ivan Boesky was the real-life inspiration for Gordon Gekko of ‘Wall Street.’
Yves Gellie/Gamma-Rapho via Getty Images
The SEC is investigating whether executives at First Republic Bank, which was seized by regulators and sold to JPMorgan Chase, improperly traded on inside information.
The regulatory apparatus designed to oversee investment banking is structurally flawed. To spawn ethical behaviour within traders will require nothing less than a sector-wide cultural change.
Gordon Gekko of ‘Wall Street’ may be the fictional face of insider trading.
Ilona Gaynor/flickr
A bipartisan group of US lawmakers is pushing for a ban on active trading by members of Congress following accusations that some of their colleagues may have engaged in insider trading.
Did members of Congress illegally sell stocks after getting inside information about the pandemic from federal officials? A former lawyer for the House says proving such cases is very difficult.
Collins, second from right, departs a federal courthouse after being charged with insider trading.
Reuters/Mike Segar
The sentences handed to insider traders Lukas Kamay and Christopher Hill send a strong message, but preventing the opportunity for such crimes to occur is just as important.
Regulators like ASIC are turning to metadata to help make their cases against white collar criminals.
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Charis Palmer, The Conversation and Emil Jeyaratnam, The Conversation
The typical insider trader is male, aged between 30 and 49, and holds a company director position, according to a new study from researchers at the University of Melbourne. The study analysed all insider…
Insider. Martoma arrives at court.
Justin Lane/EPA
When Mathew Martoma, the former portfolio manager of SAC Capital, was sentenced to nine years in prison for insider trading last week, much of the comment was about how harsh the punishment looked. It…
Here is a puzzle for you. Why did shares in Yahoo! slide by nearly 10% in the days before Heartbleed was announced and then recover after the main news items broke? It has long been the case that security…
On the retreat. Hedge fund manager Steve Cohen.
Justin Lane/EPA
A US judge has approved a US$1.2 billion settlement and accepted a guilty plea by hedge fund SAC Capital in what has been described as the largest insider trading settlement in the country’s history. Eight…
ASIC Commissioner Greg Tanzer has this week faced the scrutiny of a Senate committee hearing.
AAP/Paul Miller
In 2005, the Federal Court faced the difficult task of arriving at a penalty for Steve Vizard after he was found in breach of his duties as a director of Telstra. In his judgment, Raymond Finkelstein criticised…
Former Gunns chairman John Gay is the most senior executive to have been convicted of insider trading in Australia. He received a fine of $50,000.
David Beniuk/AAP
The Australian Securities and Investments Commission is moving to “real-time” monitoring of share trading as another weapon in the ongoing fight against insider trading. But will the use of this form of…