The U.S. Securities and Exchange Commission (SEC ) is now looking into potential insider trading by Standard & Poor's employees before the rating agency's decision to downgrade the U.S.'s long-term debt, according to Financial Times.
The U.S. Securities and Exchange Commission (SEC) has asked rating agency Standard & Poor's (S&P) to disclose which employees knew of its decision to downgrade U.S. debt before it was announced last week, the Financial Times said, citing people familiar with the matter.
Playboy Enterprises, which pioneered print adult entertainment with Playboy magazine, has partnered with one of the largest names in pornography's online industry -- Manwin.
Former Baltimore Orioles third baseman Doug DeCinces agreed to pay $2.5 million to settle insider trading charges filed by the U.S. Securities and Exchange Commission Thursday.
A former Major League baseball player and three others were charged and fined by the SEC on Thursday for their insider trading in 2009.
For more than three years, U.S. securities regulators investigated allegations of accounting fraud at a small telecom firm called China Voice Holding Corp, but could not make a case.
Perhaps the time has come to turn the page on Warren Buffett's leadership role
The Sri Lankan born Hedge fund founder Raj Rajaratnam, the billionaire manager of the Galleon hedge fund, was found guilty on Wednesday on all counts in the largest hedge fund insider trading case in the United States history.
Top hedge fund founder and stock trader Raj Rajaratnam was 'expressionless' in a New York federal court on Wednesday as a jury verdict was read finding him guilty of 14 charges, including insider trading.
Raj Rajaratnam, the head of one of Wall Street's largest hedge funds was found guilty on all charges on Wednesday, after a jury delivered its verdict after nearly two weeks of deliberation.
Berkshire Hathaway Chairman Warren Buffett on Saturday admitted he made a 'big mistake' by not following up on former top deputy David Sokol's revelations of stock purchases which Buffett called violations of the company's insider trading rules.
Former hedge fund manager Donald Longueuil has pleaded guilty to conspiracy and securities fraud charges arising from an insider trading scheme in which he obtained and traded on material, non-public information, Preet Bharara, the United States Attorney for the Southern District of New York, said.
A recent study says IT professionals and executives are more concerned about cyber criminals than insider trading.
A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses.
Goldman Sachs Group Chief Executive Lloyd Blankfein has agreed to testify for the U.S. government at the upcoming trial of Galleon hedge fund founder Raj Rajaratnam, the Wall Street Journal reported, citing people familiar with the matter.
The School asserted on Wednesday that they would be retaining him in the post of Chairman of the board.
Rajat Gupta, former McKinsey’s chief and currently special adviser to the secretary-general of the United Nations on management reforms, has been accused by the Securities and Exchange Commission (SEC) of having role in a major hedge fund insider-trading case.
U.S. market regulator said former Goldman Sachs Group Inc and Procter & Gamble Co board member Rajat Gupta tipped Galleon hedge fund founder Raj Rajaratnam in phone calls about confidential company information. Gupta's lawyer said the allegations are baseless.
Former Goldman Sachs Group Inc director Rajat Gupta leaked secret details to Galleon Group hedge fund manager Raj Rajaratnam about Warren Buffett's plan to invest $5 billion in the Wall Street bank at the height of the financial crisis, a U.S. securities regulator charged.
She did it for love, a designer handbag and shoes. Bonnie Hoxie, a former Walt Disney Co (DIS.N) executive's secretary, told a federal judge on Tuesday she was blindsided by love and did not make the correct choices in giving confidential company information to her then-boyfriend a year ago.
Former Qwest Communications chief Joseph Nacchio voluntarily withdrew an appeal of his criminal conviction on Friday, marking what may be the final chapter of his long running insider trading case.
Two hedge fund managers were arrested on insider trading charges on Tuesday, while another portfolio manager and an analyst agreed to plead guilty in connection with the probe, the latest development in a broad investigation of hedge funds' trading activities.