Tag Archives: insider trading

Former Orioles all-star DeCinces indicted for insider trading

LOS ANGELES — Former Baltimore Orioles all-star Doug DeCinces and three others were indicted Wednesday on insider trading charges involving the use of information prior to the takeover of a medical device company in California, authorities said. In 2008, DeCinces ...

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$276M insider trading case brought in N.Y.

NEW YORK — A former hedge fund portfolio manager was arrested Tuesday on charges that he helped deliver what a prosecutor said “what might be the most lucrative inside tip of all time,” enabling investment advisers and their hedge funds ...

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SEC requires uniform system for U.S. stock exchanges

WASHINGTON — U.S. stock exchanges and markets must establish a uniform system for tracking all orders and trades under a rule approved Wednesday. The Securities and Exchange Commission said the requirement is intended to make it easier for the government ...

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Vote is likely on scaled-down insider trading ban

WASHINGTON — Senate leaders on Tuesday abandoned their own, stronger version of legislation to explicitly prohibit members of Congress and other government officials from making investments on insider information. They agreed to accept a scaled down House version instead. Both ...

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Hedge fund paying $9M; won’t be prosecuted

WASHINGTON — A hedge fund named in a massive insider-trading case will pay $9 million in settlements but won’t be prosecuted by the Justice Department because it is cooperating in the government’s investigation. The Securities and Exchange Commission said Monday ...

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Ex-Goldman board member pleads not guilty in insider trading case

NEW YORK — A former board member of Goldman Sachs and Procter & Gamble pleaded not guilty Wednesday to federal charges accusing him of acting as “the illegal eyes and ears in the boardroom” for a friend, a billionaire hedge ...

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