“Perhaps the folks at hedge fund SAP Capital Advisors, who have recently pleaded guilty to insider-trading charges, should have run for Congress. Last week, the Securities and Exchange Commission served the firm with a criminal indictment and continues pressing civil charges against its founder Steven Cohen. The agency hasn’t done much about accounting fraud, or other shenanigans that lead to the 2008 financial crisis, but insider trading remains a priority. Over the past three years, the SEC boasts of filing 168 insider trading cases, more than any three-year period in the agency’s history.”
http://www.marketwatch.com/story/should-insider-trading-be-legal-insiders-say-yes-2013-07-31
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