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The Two-Way
Record $614 Million In Penalties Levied As Insider Trading Cases Are Settled
March 15, 2013 Two hedge funds affiliated with SAC Capital Advisors have agreed to the settlements. They did not admit any wrongdoing.
The Two-Way
Rajat Gupta Guilty In Insider Trading Case
June 15, 2012 The former managing partner of McKinsey & Co. and director at Goldman Sachs Group Inc. and Procter & Gamble was convicted of giving tips to billionaire hedge fund manager Raj Rajaratnam.
The Two-Way
Rep. Bachus Is Focus Of Ethics Investigation Into Possible Insider Trading
February 10, 2012 The chairman of the House Financial Services Committee has previously denied any wrongdoing. Now, he says he welcomes the chance to clear his name.
The Two-Way
Ban On Insider Trading By Lawmakers Passes House, Heads To Obama's Desk
February 9, 2012 By a nearly unanimous vote this morning the House passed the STOCK Act. It will explicitly ban insider trading by members of Congress and their staffs.