Insider Trader Mostly Unfazed by Co-Worker's Insider Trading Arrest
We present for your reading pleasure: the worst way to insider trade.
Warren Buffett Talks to Senators Sometimes
Warren Buffett spoke to Sen. Orrin Hatch before investing in the Tim Hortons/Burger King deal. This is the sort of conversation legislators should be having.
One Golf Course That's Great for Stock Tips
The Oakley Country Club in Watertown, Massachusetts, would seem to be the biggest hotbed of alleged insider trading since SAC Capital.
Compliance at Financial Services Firms Falls Short
Compliance firm Cipperman finds that firms, especially in the alternatives space, tend not to invest enough in staying compliant.
SEC Enforcement: Kansas Charged With Securities Fraud
In another action, a brokerage firm and its founder were charged with violating net capital requirements and falsifying data in an attempt to mislead examiners.
There Might Be a Lot of Insider Trading
In research reported by Andrew Ross Sorkin on options trading before merger announcements, everything you'd predict, if you were maximally cynical, the researchers found.
Top 10 Billionaire Art Collectors: Wealth X
With art auctions setting records, spurring investment in art, Wealth-X has put together a list of the 10 biggest art collectors in the world.
SEC Enforcement: Fake Notre Dame Grad Charged With Fraud
In other enforcement actions, a biopharm exec, doctor and patient settled insider trading charges.
SEC Enforcement: SEC Busts Scheme Involving Stock Tips on Napkins
Also in enforcement, the SEC fined Lions Gate Entertainment and froze assets of the promoter of a microcap stock scalping scheme.
Top Portfolio Products: SAC Capital Hedge Fund Closes With a Bang
The legally troubled fund was up 20% for the year. Meanwhile, First Trust announces three new ETFs, and BMO launches nine funds.