[Original post Feb 2011, Updated and Reposted Feb. 2021] The U.S. Attorney’s Office in Manhattan has charged a hedge fund manager with insider trading. Donald Longueuil was charged with conspiracy to commit securities and wire fraud and obstruction of justice. The obstruction charge stems from Longueuil’s middle of the night efforts to destroy computer hard […]
Seeking HFT Whistleblowers
If you are reading this post you are either curious or a sophisticated insider who knows all about HFT – High Frequency Trading. While high frequency trading is often legal, there is definitely a dark side to the industry – folks who combine ultra high speed computers with early access to inside information about earnings […]
SEC to Pay Whistleblowers In Insider Trading Case
by Brian Mahany Insider trading cases have been quite the buzz on Wall Street in recent years. Several well known traders and hedge fund managers have gone to prison after being caught using inside information to trade securities. When an “insider” has access to information ahead of the market, they have an advantage that allows […]