Insider Trading

SRO's insider trading detection program made 450 referrals to the SEC and other regulators last year alone

'It's a novel insider trading theory,' enforcement chief tells Managed Funds Association conference

'Now we need to train our people to be think more broadly about' about insider trading, Seward & Kissel's Moustakis says

Witness' about-face leaves feds without case

'Scary' case should worry small- and mid-sized managers, expert says

Two employees involved with large blocks trades disclosed to certain buy-side investors non-public, potentially market-moving information, concerning impending "block trades, violating the selling shareholders’ expectations ...

Senior personnel repeatedly violated policies by, among other things, sending emails to current investors, potential investors, and industry contacts which, in certain cases, unnecessarily disclosed ...

'We need to pay attention to the scope of the duties created by the agreements we sign'

Changes haven't been linear, but the direction has

One remedy may come from the old formula: Tell it first, tell it fast, tell it all