March 16, 2013

“Record Insider Trading Penalty?” Or Slap on Wrist?

The Wall Street Journal’s Headline — and Mine According to The Wall Street Journal, the Securities and Exchange Commission just nailed hedge fund SAC Capital with the biggest-ever fine for insider trading — $616 million, to be exact. Here’s The Journal’s headline: “SAC Hit With Record Insider Penalty” —The Wall Street Journal; March 15, 2013...
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