Insider-Trading Activity Keeps Marching Upward
Compliance Week › Vol. 6 Nbr. 63, April 2009
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Summary
"They have the idea of, 'Everybody else is doing it. Why shouldn't I?'" says Larry Ellsworth, partner at the law firm Jenner & Block and author of Insider Information: Prevention of Abuse. "These aren't career criminals for the most part. They're businessmen who get tempted."
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Insider-Trading Activity Keeps Marching Upward
The New York Stock Exchange is reporting a record number of insidertrading cases from 2008, but who is committing the alleged infractions is what's raising eyebrows.
New York Stock Exchange Regulation referred 146 cases of suspected insider trading to the Securities and Exchange Commission in 2008, surpassing 2...See the full content of this document
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