Topic: Insider Trading

Former Goldman Sachs board member Rajat Gupta's insider trading trial began on Monday with the government saying it would call a former top Goldman banker and a current board member as two of its first witnesses.

The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.

JPMorgan Chase’s $2 billion trading loss, which was disclosed on Thursday, could give supporters of tighter industry regulation a huge new piece of ammunition as they fight a last-ditch battle with the banks over new federal rules that may redefine how banks do business. The New York Times reports.

A major new rule that has drawn the ire of Wall Street is on track for completion sooner than some bankers had expected, dashing the hopes of financial industry lobbyists, who have pressed for a delay. The NYT reports.

An ethics investigation has found no evidence of insider trading violations involving Representative Spencer Bachus, the chairman of the U.S. House committee that oversees financial markets, his office said on Monday.

The United States Securities and Exchange Commission—or SEC—is the watchdog of Wall Street. So how does it work and what power does it really have? CNBC explains.

A new insider trading investigation is underway involving a current employee of Goldman Sachs —an investigation that could complicate the prosecution of former Goldman board member Rajat Gupta.

Federal prosecutors in California are investigating a Goldman Sachs employee for insider trading.

U.S. securities regulators on Wednesday finalized long-awaited rules that will dictate which companies dealing in derivatives will be subject to costly capital, margin and business conduct requirements.

U.S. prosecutors have added a new insider trading allegation against Rajat Gupta, a former director of Goldman Sachs and Procter & Gamble.

President Obama signs legislation prohibiting members of Congress, the president and thousands of other federal workers from engaging in insider trading.

A judge handed the government several setbacks Tuesday in its insider trading prosecution of a former Goldman Sachs board member by letting the company's chairman testify about his interactions with the government and by letting the defense learn more about separate
criminal and civil probes.

Former Goldman Sachs director Rajat Gupta lost his bid to suppress wiretap evidence from his upcoming May 21 insider-trading trial on charges that he leaked boardroom secrets to hedge fund founder Rajaratnam.

The Senate has given final congressional approval to a scaled-down bill to explicitly ban members of Congress, the president and thousands of other federal workers from profiting from nonpublic information learned on the job.

A lawyer for the banks said MBIA’s chief was “pregnant with inside information” on MBIA’s pending 2009 restructuring when he bought company stock in the months before the announcement. The New York Times reports.