US Atty Pledges To Tackle 'Rampant' Insider Trading

Law360, New York (October 21, 2010, 2:45 PM EDT) -- The top federal prosecutor for the Southern District of New York has vowed to continue to aggressively pursue illegal insider trading cases, calling the practice a “rampant” problem that “may even be on the rise.”

U.S. Attorney Preet Bharara told white collar attorneys, judges and others in an address at the New York City Bar Association in Manhattan on Wednesday night that prosecution of unlawful insider trading would remain a top priority for federal investigators.

“We have aggressively pursued fraud whenever and wherever we have found...
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