Insider trading annual review — 2012
2012 gave us another year of aggressive enforcement of insider trading laws. The Department of Justice extended its perfect record at trial, including a verdict against the former chief executive of McKinsey & Co. and Goldman Sachs board member Rajat Gupta — the most high-profile defendant to date. Through 2012, the government continued its pursuit of hedge funds and their sources of inside information, including expert networks.
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News from The Lawyer
Briefings from Morrison & Foerster
California’s first carbon allowance auction on 14 November 2012 featured plenty of demand but a lower-than-expected closing price, based on results released on Monday by the California Air Resources Board.
The FTC announced a potentially groundbreaking settlement with the social networking app Path and released an important new staff report on Mobile Privacy Disclosures late last week.