SEC charges hedge fund with CDS insider trading

SEC charges hedge fund with CDS insider trading

TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 14 years ago [2009-05-06 23:31:51]

Anyone in this industry should have a concept of insider trading and an idea of where the "foul line" is and if they chose to play close to it and find themselves on the wrong side, they only have themselves to blame. I really can't believe that the words "SCARED" and "something they thought was PERFECTLY FINE at the time" are entirely compatible

Comment by: Anonymous. Posted 14 years ago [2009-05-06 15:53:29]

This is scary. I would bet a lot of traders, salespeople and portfolio managers, are racking their brains to see if they may have done something similar that they may have thought was perfectly fine at the time...