A federal judge is set to deliver what could be the harshest sentence for insider trading to date.
The Chinese government has imposed new limits on foreign brands of milk powder and infant formula.
The probe into insider trading continues with authorities looking at a number of funds, including SAC Capital, a source tells CNBC.
A key witness testified in Matthew Martoma's insider trading scandal that he provided Martoma with confidential information about a drug trial.
A former SAC Capital Advisors trader wants to cite in court some 2012 testimony given by the hedge fund's founder Steven Cohen, claiming it rebuts the government's case.
U.S. prosecutors do not have enough evidence to file insider trading charges against hedge fund manager Steven A. Cohen before a July deadline, the WSJ reported.
Hedge fund advisory firm CR Intrinsic Investors has agreed to pay the SEC a record $600 million-plus to settle insider trading charges.
Former SAC Capital hedge fund manager Mathew Martoma was charged with three counts of conspiracy to commit securities fraud on Friday.