"The Securities and Exchange Commission has begun a broad examination into whether Wall Street bank employees are leaking information about big trades to favored clients, like hedge funds, in an effort to curry favor with those clients, executives at Wall Street banks said.Talk about timing! We are going to be talking some about insider trading this week in class!
The inquiry, these people said, seems aimed at determining how pervasive insider trading, or the illegal use of market-moving nonpublic information, may be on Wall Street."
Tuesday, February 06, 2007
S.E.C. Is Looking at Stock Trading - New York Times
S.E.C. Is Looking at Stock Trading - New York Times: