Rihanna has agreed to be a judge for the second season of American X Factor, according to claims made by MTO based on an anonymous source they say is an insider.
Former Goldman Sachs Group Inc director Rajat Gupta lost his bid to suppress wiretap evidence from his upcoming criminal insider-trading trial on charges that he leaked boardroom secrets to hedge fund founder Raj Rajaratnam.
The U.S. Senate voted Thursday in favor of sending a bill to President Barack Obama which will ban insider trading by Congress members.
The Senate Thursday voted overwhelmingly to send President Barack Obama legislation imposing new curbs on insider trading by members of Congress, even though the measure was weaker than a version it passed in February.
The resignation letter printed as an op-ed in The New York Times on Wednesday by Greg Smith, a London-based executive director for Goldman Sachs that oversees equity derivatives, has stirred up a lot of trouble for the firm. Smith claimed that the environment now is as toxic and destructive as I have ever seen it. This upset is far from the first for the firm. Goldman Sachs has been involved in a string of controversies ranging from involvement with Greek debt to insider trading.
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.
The culture has to change, Douglas reportedly said.
An executive of Goldman Sachs Group Inc has been investigated by the U.S. Federal authorities as part of an insider-trading probe.
US prosecutors investigating managing director at Goldman Sachs as part of probe into company's hedge-fund clients.
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 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.
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.
WikiLeaks released over 5 million emails hacked from U.S.-based global intelligence firm Strategy Forecasting, Inc. (Stratfor), revealing an alleged plan between the firm's CEO and a Goldman Sachs executive to set up an investment fund that would rely on inside information gathered by the company.
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.
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.
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.
The Office of Congressional Ethics is looking into whether Rep. Spencer Bachus, chair of the House Financial Services Committee, violated insider trading laws and used his public office for private gain.
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.
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.
Canadian securities regulators on Tuesday implicated mining executive Ian Telfer in an alleged insider trading scheme, saying he helped the main defendant in the case disguise her illegal trading activities.
Canadian securities regulators on Tuesday implicated mining executive Ian Telfer in an alleged insider trading scheme, saying he helped the main defendant in the case disguise her illegal trading activities.
Rajat Gupta, a former director of Goldman Sachs and Procter & Gamble who is the highest-ranking executive charged in a U.S. crackdown on insider trading, could face additional allegations, a federal prosecutor said on Tuesday.
