insider trading

Opinion: Newspapers may be able to capitalize on exposés

In the wake of The New York Times scoop on Walmart’s alleged bribery of Mexican officials, Felix Salmon of Reuters suggests that it would not have been unethical for the Times to make money on the story by selling it to hedge funds a day before publication. -db From a commentary for Reuters, April 24, 2012, by Felix Salmon. Full story    

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Open government may get boost from insider trading law progressing in Congress

With both houses of Congress passing versions of the law making it illegal for legislators to engage in insider trading, the public may soon gain access to the financial transactions of their lawmakers and members of the executive branch. The law would require reporting of financial transactions every 30 or 45 days. -db From POLITICO, February 28, 2012. by Anna Palmer and John Breshnahan with contributions from Manu Raju. Full story  

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