Comment on The Over-criminalization of Insider Trading

The Over-criminalization of Insider Trading

Insider trading convictions and the resulting lengthy prison terms are all the rage in New York these days.  U.S. Attorney Preet Bharara announced the latest news of a guilty plea, Richard Lee, and a another indictment, SAC Capital, resulting from Operation Perfect Hedge and the crackdown on insider trading.  With each week, a score card is given of the number of people prosecuted, those pleading guilty and those convicted at trial.

 

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