Friday, May 15, 2009

Insider Trading Discovered Inside The SEC

YIKES!!! With the normal apologies to Dr. Seuss, who is monitoring the monitors?
From Clusterstock:
Insider Trading Discovered Inside The SEC: "The SEC isn't great at identifying most kinds of fraud, but they've always had a knack for identifying high-profile insider trading cases.

Maybe because they're intimitely familiar with it?

Bloomberg: U.S. prosecutors and the FBI are investigating whether two Securities and Exchange Commission lawyers illegally used nonpublic information from the agency to bet on stocks, SEC Inspector General David Kotz said in a report."

1 comment:

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