Insider Trading In Light Of The Current Crackdown

Law360, New York (November 10, 2009, 12:10 PM EST) -- On October 16, 2009, federal prosecutors and the SEC filed charges against Raj Rajaratnam, the founder and portfolio manager of Galleon Group, a hedge fund based in New York, and five other individuals for unlawful insider trading.

On November 5, 2009, federal prosecutors and the SEC filed charges against an additional nine defendants.

This highly publicized interest in insider trading will continue and ensnare a growing number of individuals and entities. The purpose of this guest column is to provide a brief overview of the law...
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