9 (noting that insider traders
in impersonal markets are no happier to have their trades publicized than are traders in face-to-face transactions); Berle, supra note 52, at 835 (rejecting the argument that there is no contact between an insider trader
and her opposite in an impersonal market because the corporation's public disclosures create such contact).
Infamous insider trader
Raj Rajaratnam may have been convicted of conspiracy and securities fraud in 2011, but as the case of his younger brother Rajarengan ("Rengan") Rajaratnam prepares to go to trial, prosecutors may face new difficulties in bringing harsh penalties against this alleged insider trader
Jem Racing (Golden Crest): 4 Blakes World, Insider Trader
, 5 Brave Prospect, 6 Rhyzome Wizard, 7 Target Harry, 8 Blonde Joey, 9 Blonde Cindy, 10 Hi George, 12 Donal The Yank, 14 Westcountry Lady, 20 Caloona Mist, Gaytime Harry, 25 bar (e/w 1,2,3,4).
Charges against six people who cooperated in the prosecutions of alleged insider traders
have also been dropped, Bharara said.
ASIC s systems, its people and investigatory powers allow us to catch insider traders
and to achieve fairness in the marketplace.
Hackers can go to jail, liars can be fined, stalkers can be brought before a jury, insider traders
can find themselves answering to a court.
The judge dismissed that proposal as "a kind of Peace Corps for insider traders
A separate proposal will set out common standards for regulators when levying fines or initiating criminal procedures on market manipulators or insider traders
On Wednesday, the long-debated issue resurfaced after prosecutors charged a secretary to a senior Disney executive and her boyfriend with trying to entice would-be insider traders
by claiming they knew the company was in advanced discussions with private equity to sell ABC.
Even so, doubt may be raised about our understanding of insider trading, a doubt that should prompt concern about the justice of insider trading prosecution and about the harsh moral judgments people often make of insider traders
Not only will the system point the finger at insider traders
but ultimately it will flag up false rumours and exaggerated claims fed to the media to distort the market.
Under this system, fines frequently slip below real gains earned by insider traders
as stock prices rise further later.