Prosecutors have a tough road in going after SAC Capital's Michael Steinberg, but the government may be holding a card that could help them overcome this hurdle.
Many investors have remained loyal to SAC Capital amid insider trading charges, reports CNBC's Kate Kelly. CNBC's Robert Frank and Ron Insana, weigh in.
Longtime SAC Capital trader Michael Steinberg has been arrested on insider trading chargers. Michael Rothfeld of the Wall Street Journal, has the story.
The hedge fund community isn't entirely convinced today's market has the staying power, reports CNBC's Kate Kelly.; and Herb Greenberg reports on insider buying activity, saying these investors are becoming very selective and today they're buying energy.
Henry Blodget, Business Insider CEO & editor-in-chief, weighs in on Einhorn's case against Apple, the FBI's investigation of potential insider trading in Heinz, and Dell going private.
The FBI is looking into alleged insider trading in the options of ketchup maker Heinz before its blockbuster deal to be acquired by Warren Buffett and 3G Capital last week.
According to Reuters, the SEC has filed a lawsuit against "certain unknown traders" in relation to their Heinz call options, reports CNBC's Kate Kelly.
The SEC is opening an insider trading inquiry into Berkshire Hathaway and 3G Capital's $23 billion takeover of Heinz. CNBC's Mary Thompson has the details.