Thursday, November 25, 2010

Insider Trading Investigation - Latest Events

There have been much news recently about the FBI's insider trading investigation.  Several hedge funds' offices were searched earlier this week, other hedge and mutual funds have been issued subpoenas and an executive at a expert network firm was arrested.  Expert network firms give access to industry and company experts to fund managers and analysts.  This is similar to the corporate access sponsored by investment banks at conferences and roadshows.  Unlike the sponsored events, these experts are not company officers.  Corporations usually have investor relations representatives who coach the executives on what to say and what not to say.  Below are a set of informative articles regarding the latest updates in the insider trading investigation:

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