A San Francisco investment banking analyst and two of his friends were arrested Tuesday morning for acquiring more than $600,000 on the stock market in an insider trading scheme, U.S. Justice Department officials said.
A former chief information officer at a California-based technology company has been convicted in New York of insider trading charges in a scheme authorities say produced $27 million in illegal profits.
A segment on CBS’ “60 Minutes” in November said that members of Congress were profiting from inside information, giving new impetus to legislation that had languished for years. Minority Leader Nancy Pelosi (D-San Francisco), was among the prominent legislators featured in the report.
A bill that would ban lawmakers from using nonpublic information to made stock trades is gaining momentum in congress, weeks after former Speaker of the House Nancy Pelosi and other lawmakers were featured in a “60 Minutes” report.
Struggling to steady his campaign for the GOP nomination, Texas Gov. Rick Perry launched an outsider’s campaign against Washington culture and challenged House Democratic leader Nancy Pelosi to debate his plan to overhaul Congress.
Members of Congress would be prohibited from using insider information for investments under legislation filed in the wake of a CBS News “60 Minutes” report.
Former U.S. House Speaker Nancy Pelosi (D-San Francisco) and her husband participated in an IPO from Visa, just as a troublesome piece of legislation that would have hurt credit card companies began making its way through the House.
A Santa Clara County man who worked for a semiconductor company has been arrested on insider trading charges in a New York probe.
NEW YORK (CBS/AP) — A prosecutor has told jurors at a New York trial’s opening that a Bay Area researcher engaged in insider trading by delivering tomorrow’s news today to hedge fund contacts. Assistant U.S. […]
Federal authorities have arrested a California woman in a continuing crackdown on employees of research firms who feed inside information on publicly traded companies to hedge funds.