Investigators recently decided not to file any criminal charges

Discussion in 'Wall St. News' started by nutmeg, Jan 29, 2013.

  1. That's a relief...:D

    WASHINGTON—Law-enforcement authorities have conducted a wide-ranging investigation into whether media companies facilitated insider trading on Wall Street by prematurely releasing market-moving government data, according to people familiar with the probe.

    "....investigators continue to have general concerns about the handling of federal economic data. Federal Bureau of Investigation agents focused much of their attention on activities at the Commerce, Labor, and Treasury departments,..."

    cont on link..

    http://finance.yahoo.com/news/media-firms-probed-data-release-035000359.html

    Moral of the story.

    Traders trade. Investigators investigate.

    I suppose the two shall never meet.