Another example of why its so difficult to put people from Wall - TopicsExpress

Another example of why its so difficult to put people from Wall Street in jail. Here is the dirty little legal secret about insider trading: It’s not always illegal. In fact, there is no law on the books banning the practice; rather, it comes under the general purview of securities fraud. Over the years, prosecutors and the Securities and Exchange Commission have worked to expand what constitutes insider trading — and there have been times when the courts have refused to go along. nytimes/2014/12/13/opinion/joe-nocera-prosecuting-insider-trading.html?hp&action=click&pgtype=Homepage&module=c-column-top-span-region®ion=c-column-top-span-region&WT.nav=c-column-top-span-region

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