For one hedge fund: A heartbreaking week of staggering gossip

Mar 29, 2013
What do a $155 million Picasso, a $60 million Hamptons home, a $600 million fine and a trader in handcuffs have in common? The answer: a tumultuous week for high-profile hedge-fund titan Stephen A. Cohen.
SAC Capital portfolio manager Michael Steinberg (C) walks with his lawyers as he leaves federal court after being arraigned on insider trading charges on March 29, 2013 in New York City.
Monika Graff/Getty Images

In insider trading cases, getting to the top of the food chain

Nov 29, 2012
Insider trading charges could be coming to one of the nation’s biggest hedge funds: SAC Capital Advisors. But will investigators implicate the hedge fund's owner?

U.S. prosecutors go after SAC hedge fund for insider trading

Nov 21, 2012
U.S. prosecutors have filed their biggest-ever case of insider trading. The allegation: SAC Capital Advisors, a hedge fund, got early warning about the failure of an Alzheimer's drug in clinical trials. That info let the fund sell its holdings in…

Why insider traders are big targets for prosecution

Jul 2, 2012
The brother of Bernie Madoff pleaded guilty on Friday and he's looking at 10 years in prison. But why are there so many insider trading prosecutions, but hardly any other prosecutions of the big fish on Wall Street?

Lawsuit claims Facebook hid revenue forecast reduction

May 23, 2012
The shareholder lawsuit against Facebook and its banking partners argues they made a "severe and pronounced reduction" to the company's revenue projects days before the initial offering but hid it from the public.

STOCK Act becomes law

Apr 4, 2012
Today President Obama will sign the STOCK Act -- short for “Stop Trading On Congressional Knowledge.” It says Capitol Hill finally has to follow the same insider trading rules as everybody else.

Congress agrees on insider trading ban... for themselves

Mar 23, 2012
Washington leaders have passed a bill that bans members of Congress from trading stocks based on non-public information, and President Obama says he will sign it.

You’ve got questions. We help you answer them.

Support nonprofit, independent journalism that makes you smarter.

Explaining insider trading

Mar 8, 2012
Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.
Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.
Angela Kim/Marketplace

Rep. Spencer Bachus faces insider trading allegations

Feb 10, 2012
In the midst of debates that could potentially tighten the rules on insider trading in Washington, the head of the House Financial Services Committee faces serious allegations.

House GOP introduces version of insider trading bill

Feb 8, 2012
Republicans in the House of Representatives have introduced their version of an anti-insider trading bill. The version that passed the Senate had provisions that focused specifically on those who traffic in 'political intelligence.'

Raise a glass to Marketplace!

Just $7/month gets you a limited edition KaiPA pint glass. Plus bragging rights that you support independent journalism.
Donate today to get yours!