News Leak Probe May Chill Media's Use Of Federal Data

Law360, San Diego (January 29, 2013, 11:29 PM EST) -- A recent investigation into whether Dow Jones & Co. and other media companies facilitated insider trading by prematurely releasing market-sensitive government information points to aggressive use of insider trading laws by prosecutors, a development experts say could chill lawful use of such data by news organizations and firms.

Federal law enforcement officials were looking into whether Dow Jones, Bloomberg LP, Thomson Reuters Corp. and other companies had used high-speed transmission systems to give traders access to economic information a split second before the official release time,...
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