Insider trading


Steel trading has resonance with a Howard-era scandal

The Government should learn from its predecessor and call in the ANAO to review the handling of its steel package.

ASIC’s insider trading crackdown an expensive furphy

Insider trading is rife on the Australian Stock Exchange, but ASIC’s new powers and punishments won’t do anything to prevent it, writes Tom Elliot .

The FBI’s Wall St mole

The WSJ reveals the identity and story of a senior Wall Street trader who worked undercover for the FBI — wire and all — for over a year to help uncover the biggest insider-trading case in twenty years.

FBI wiretaps expose Wall Street’s seedy underbelly

Details uncovered from FBI wire-taps of Wall St insider trading rings are like The Sopranos, The Wire and Gordon Gekko’s Wall Street all rolled into one, complete with secret tips, kickbacks and disposable mobile phones.

Insider trading: 14 more, including Octopussy, arrested on Wall St

Wall Street’s biggest insider trading fiasco is growing, with another 14 arrested overnight in charges involving $US33 million in illegal profits. Will this be the scandal to define the noughties’ boom and bust?

JPMorgan knew about insider trading eight years ago

Internal documents from JPMorgan Chase reveal the company knew about insider trading allegations against Galleon hedge fund founder Raj Rajaratnam and his associates as far back as 2001.

Wall St insider trading: 10 more could be charged

American financial markets have been stunned by the continuing news flow from the newest insider trading charges on Wall St involving billionaire hedge fund manager Raj Rajaratnam, with reports this morning that another 10 could be charged.

Are margin calls the new black?

If an executive is subject to a ‘margin call’ from their lender, could the sale of shares trigger insider trading provisions, asks Adam Schwab?

Peter Morgan throws down the corporate regulation gauntlet

Feisty fund manager Peter Morgan has provided a fascinating “to do” for the corporate cops in a fabulous letter to The AFR today.

Election betting: a little insider trading?

There’s nothing like a little insider trading to keep a market efficient and so it was last night in the election betting business, writes Richard Farmer.

$40 million = small beer for Australia’s third richest man

Compared to overseas precedents and Richard Pratt’s own net worth, negotiating a $40 million fine for being caught red handed in a multi-billion price fixing scam looks to be one of Pratt’s most astute deals ever, writes Adam Schwab.