Thursday, December 30, 2010

US Insider Trading Investigation - Latest Events

The fifth consultant working for Primary Global Research, an expert network firm, was arrested yesterday.  Winifred Jiau was accused of leaking insider information about two technology companies:  Marvell Technology and Nvidia Corporation to two unnamed hedge funds.  As noted before, expert network firms are much like corporate access departments at investment banks.  They match experts in a company, sector or industry with investors whereas corporate access matches company officers with investors.  Unfortunately, the experts are not as well-trained as the company officers in what they are allowed to say.  Most companies have investor relations departments that coach the officers.  There is nothing like that for experts.  The latest articles are from
Bloomberg and Reuters.

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