Reuters Halts Early Data Access Amid NY AG Trading Probe

Law360, New York (July 8, 2013, 1:24 PM EDT) -- Thomson Reuters Corp. said Monday it would stop releasing market-moving economic data to a select group of clients ahead of other investors, after insider trading allegations by a whistleblower sparked a broader investigation by the New York attorney general.

Every other Friday at 9:55 a.m., Thomson Reuters distributes the results of a University of Michigan consumer confidence survey — a key economic indicator — to clients of its news service. The survey is released to the general public at 10:00 a.m. when the university posts the...
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