麻豆AV

Authors:聽Patrick Augustin,聽Jianfeng Hu,聽Menachem Brenner and Marti Subrahmanyam

Publication:

Excerpt:

According to Preet Bharara, the U.S. Attorney of the Southern District of New York, insider trading is 鈥渞ampant鈥� in U.S. securities markets, and his actions in the past few years indicate concrete action by his office to combat such activity. In a similar vein, the Securities and Exchange Commission (SEC) has stepped up efforts to chase down high profile insider traders, and has made it its key priority in pursuing errant behavior.聽Academic studies, including our own, have previously documented empirical evidence of informed trading ahead of major corporate events such as earnings announcements, mergers and acquisitions (M&A) and corporate bankruptcies.

Read full post: , March 1, 2015