added 2007 Sat May 19 5:43:24 by Aidenag
Democratic lawmakers are pushing a new bill that would bar members of Congress from using their inside knowledge of congressional action to profit from investments. The bill, reintroduced Wednesday by Reps. Louise Slaughter, D-N.Y., and Brian Baird, D-Wash., would ban lawmakers from using nonpublic information to buy and sell stocks.
Democratic lawmakers are pushing a new bill that would bar members of Congress from using their inside knowledge of congressional action to profit from investments. The bill, reintroduced Wednesday by Reps. Louise Slaughter, D-N.Y., and Brian Baird, D-Wash., would ban lawmakers from using nonpublic information to buy and sell stocks.
added 2007 Sat Mar 3 19:12:53 by Aidenag
It's back! Just as '80s trends like miniskirts and electro music have made a comeback, so has insider trading. Yesterday's arrest of nine individuals and the guilty pleas of four others who were accused of taking part in a massive, five-year scheme that netted more than $15 million in profits, were just the beginning.
It's back! Just as '80s trends like miniskirts and electro music have made a comeback, so has insider trading. Yesterday's arrest of nine individuals and the guilty pleas of four others who were accused of taking part in a massive, five-year scheme that netted more than $15 million in profits, were just the beginning.
added 2007 Mon Feb 19 16:40:45 by Aidenag
In early February, the SEC confirmed that it was investigating whether the major brokerage houses were tipping off hedge funds to the trades the brokers handle for big clients like mutual funds. If that's happening, it would be a scandal.
In early February, the SEC confirmed that it was investigating whether the major brokerage houses were tipping off hedge funds to the trades the brokers handle for big clients like mutual funds. If that's happening, it would be a scandal.
