Insider trading

SEC charges five with insider trading from AA tip

Securities regulators charged two Ameriprise Financial advisers and three others with insider-trading, saying they made $1.8 million in illicit profits based on confidential merger information one of the advisers learned through an Alcoholics Anonymous relationship.

Goldman manager investigated for insider trading role: report

Federal authorities are investigating David Loeb, a managing director of Goldman Sachs Group Inc, as part of an insider trading probe focusing on technology stocks and the company's hedge fund clients, the Wall Street Journal reported on Wednesday, citing people close to the matter.

China to toughen rules against insider trading: magazine

China will soon publish precise definitions of what constitutes insider trading that would make it easier to prosecute and punish illegal traders, the New Century magazine reported on its website, citing sources with knowledge of the situation.

FBI Hires Gordon Gekko For Anti-Insider-Trading PSA [VIDEO]

Michael Douglas has reprised his Oscar-winning role as Gordon Gekko for a public service announcement from the FBI about insider trading. If a deal looks too good to be true, it probably is, Douglas says in the spot, which debuted on CNBC and Bloomberg Television.

Carlson says former manager got illegal tips

Carlson Capital, a hedge fund based in Dallas, said on Friday that one of its former portfolio managers had received inside information from a industry consultant who has been arrested and charged with illegally passing on inside information.

Kinnucan, ex-SanDisk exec charged in insider probe

A research analyst who made waves by refusing to cooperate in the government's broad insider-trading probe was charged with illegally passing tips he gleaned from technology company insiders to hedge funds.

SEC drops Lonza-Arch insider trading case, for now

A U.S. market regulator is for now dropping insider trading cases against three Swiss asset managers, despite accusations that two of the defendants improperly thwarted its investigation, including by throwing out a BlackBerry.

Hedge Fund Manager Charged With Insider Trading

A California-based hedge fund manager surrendered to FBI agents on insider-trading charges on Friday, the latest in a series of cases brought by the U.S. government in recent years against money managers and traders.

House Passes Congressional Insider Trading Ban, 417-2

The House of Representatives on Thursday overwhelmingly passed new curbs on insider trading by lawmakers and other government officials despite complaints from Democrats and some Republicans that key anti-corruption provisions were dropped.

SEC charges insider trading in Takeda pharma deal

U.S. market regulators charged a former employee of Takeda Pharmaceutical Co Ltd with making $63,000 in illegal profits on inside information about the company's 2008 agreement to acquire Millennium Pharmaceuticals Inc.

Kim Dotcom: 10 Most Strange Facts About the MegaUpload Founder

The indictment of Kim Schmitz aka Kim Dotcom, the founder of the video locker service MegaUpload, on charges including criminal copyright infringement and conspiracy to commit money laundering, has raised a significant amount of public interest in his rather epic lifestyle.

Senate Passes STOCK Act to Stop Insider Trading [VIDEO]

The United States Senate on Thursday passed the 'Stop Trading on Congressional Knowledge' (STOCK) Act, which will ban lawmakers from trading stocks based on the information they have gathered while performing their Congressional duties.

U.S. expands case against ex-Goldman director Gupta

Federal prosecutors expanded their insider trading case against former Goldman Sachs Group Inc director Rajat Gupta on Tuesday, saying the illegal activity lasted longer and involved more trades than alleged.

Berkshire, Goldman Names Surface in Rajat Gupta Case

The names of a top executive at Berkshire Hathaway Inc. and a board member at Goldman Sachs Group Inc. surfaced on Friday as potential witnesses in the insider-trading trial of Rajat Gupta, a former director of Goldman, the Procter & Gamble Co., and other companies.

Megaupload Crackdown: Kim Dotcom E-Mail 'Scared the Hell' Out of Neighbors

The Megaupload founder is currently charged with earning millions in illegal profits from web sites like But to his old neighbors, Kim Dotcom is something else: the man who sent them an email joking about cocaine use, infiltrating their families, and hacking into their email accounts.

State of the Union: Obama Takes Aim at Congress

With Congressional approval ratings mired at historic lows, Obama has increasingly sought to bolster his re-election chances by criticizing Congress as ineffective and paralyzed by runaway partisanship. He invoked that theme in the State of the Union address.

State of the Union Address 2012: Summary of Obama's Speech

President Obama delivered his 2012 State of the Union Address on Tuesday night, making a bid for 2012 reelection. In a sweeping speech, the President touched upon issues like taxes, the economy, manufacturing and keeping the American dream alive. Though the current State of the Union is quite shaky, Obama highlighted the progress being made and attempted to solidify a sturdy campaign base.

Megaupload Boss Says He's Innocent, Rival Stops File-Sharing

The founder of file-sharing website Megaupload was ordered to be held in custody by a New Zealand court on Monday, as he denied charges of internet piracy and money laundering and said authorities were trying to portray the blackest picture of him.