Winter, asked by the judge if he accepted someone was acting corruptly in using inside information
against anyone who didn't have it, replied: "No.
Attorney Preet Bharara said: "While a senior executive at a Fortune 500 company, Robert Moffat willfully ignored his professional and legal responsibilities by secretly feeding inside information
to his friend.
So while executives are not using a lot of inside information
in their trading decisions, their more cautious interpretation of publicly available fundamental information does contain an important message: if top executives don't believe the extremes of the market but actively go against them in their trading decisions, maybe individual investors should not believe them, either.
If a firm partner or employee discloses the inside information
to a confidant who is not a firm partner or employee, then the misappropriation rules may apply.
Toshiyuki Ishiko, 61, president of Maerchen-Japan, is suspected of using inside information
on a tie-up, announced in January 2001, on an online game project between T&E Soft Inc.
But it convincingly demonstrates that 30 years ago the CIA possessed inside information
from a unique source that strongly suggested that the Soviet state was foredoomed.
on 1 and 23 February 2010, Mr Graham disposed of a total of 286,407 shares across various related accounts at a time when he had inside information
relating to Clean Seas kingfish growth and its financial results, between 12 and 23 February 2010, Mr Graham disposed of 400,000 shares on a client s account at a time when he had inside information
relating to Clean Seas kingfish growth and its financial results, on 26 February 2010, Mr Graham disposed of a total of 200,000 shares on two client accounts at a time when he had inside information
relating to Clean Seas kingfish growth, Clean Seas financial results and the death of its Bluefin Tuna fingerlings.
The trainer and former jockey was disqualified from racing last month after being judged to have breached the rules over passing on inside information
for reward and aiding and abetting the commission of a corrupt and fraudulent practice, having been found to have liaised with his cousin Richard Bowe by providing information about his horse Masafi.
Firstly, they were to agree a definition of inside information
and then decide the rules and general approach that should be taken to tackle related issues.
McCauley's report also comes as the District Attorney's Office is investigating the county Chief Administrative Office's Real Estate Division to determine whether its head, Chuck West, provided inside information
to a prominent Westside developer that built three of the office buildings, then leased them back to the county.
Although there's a broad consensus, among Wall Street executives as well as Washington policy makers, that trading on inside information
is harmful to investors and the market, this consensus has never been supported by solid evidence.
It is alleged that the e-mails, which were authored by Stansberry, offered to sell inside information
concerning government approval, to be announced on May 22, 2002, of a contract which would yield billions of dollars in revenues for an unnamed company listed on the New York Stock Exchange and would enable investors to double their money on the announcement.