Sunshine On Data Deals Could Combat 'Insider Trading 2.0'

Law360, New York (September 25, 2013, 8:52 PM ET) -- With New York's attorney general sounding alarm bells on the practice of buying early access to market data and leveraging it through high-volume trades, some experts said Wednesday the solution to "Insider Trading 2.0" lies in forcing those who profit from the sale of priority access to disclose the activity prominently and in detail.

While much has been made about regulating high-frequency trading, far less attention has been paid to the early sale of data bound for public consumption — the second half of the “2.0”...
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Case Title

Rosenblum v. Thomson Reuters (Markets) LLC


Case Number

1:13-cv-02219

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Shira A. Scheindlin

Date Filed

April 4, 2013

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