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Showing 81 - 90 of 126 results for "Insider trading"

US inside trader hit with possible two-decade jail sentence

ELISE BURGESS  |  FRIDAY, 13 MAY 2011
A former billionaire US hedge fund player has been found guilty of a spate of insider trading charges and could be slapped with a 19.5 year jail sentence. Raj Rajaratnam, who co-founded the New York-based hedge fund management firm, Galleon Group, has ...

Ex-Macq fund manager gets jail for insider trading

ALISON BEVEGE  |  FRIDAY, 1 APR 2011
The NSW Supreme Court has sentenced a former Macquarie Bank fund manager to two-and-a-half years jail for insider trading. Oswyn Indra de Silva, 37, must serve at least 18 months for 12 illegal transactions he made while employed by Macquarie, ASIC ...

Tomorrow comes

BENJAMIN ONG  |  FRIDAY, 4 MAR 2011
... space yesterday. And boy, investors surely loved much more today (yesterday's tomorrow). But lest I get accused on insider trading, the tomorrow I referred to was a metaphorical tomorrow not the "tomorrow" tomorrow. Wall Street rallied big time overnight ...

Homegrown techs gain top billing

ELISE BURGESS  |  THURSDAY, 27 JAN 2011
... Group for the Americas, which created market surveillance technology that automatically identify patterns such as insider trading and market manipulation. Phil Davies, chief technology officer of the Milestone Group, suppliers of investment technology ...

ASIC slaps tough penance for fin services misconduct

ELISE BURGESS  |  FRIDAY, 3 DEC 2010
In a landmark case, a young broker charged with multiple counts of insider trading has received a four-and-a-half year jail sentence, the highest sentence on record for that offence in Australia. On December 2 John Joseph Hartman, 25, of Mosman, New ...

US insider trading probe rocks hedge fund community

JOHN MCDULING  |  WEDNESDAY, 24 NOV 2010
... could affect firms with significant presences in Australia. Over the past 48 hours, as part of a wide-ranging insider trading probe, the FBI has raided a number of hedge funds across the country. The first wave of investigations centered around low profile ...

When everything went wrong

BENJAMIN ONG  |  WEDNESDAY, 24 NOV 2010
... per cent in 2012 (from 7.1-7.5 per cent predicted in June). Then there's the on-going FBI probe of hedge fund insider trading and worse-than-expected existing home sales report for October. At least China's still growing. Ahhh, but Mr. Market fears that ...

Fear and thanks

BENJAMIN ONG  |  TUESDAY, 23 NOV 2010
... Investors, Diamondback Capital Management and Loch Capital Management to gather evidence that they engaged in insider trading. The word on the street now is who's next? My oh my, I don't know why the financial press attributed this as a market negative? ...

Fundies caught in $5m heist

SFC RELEASE  |  TUESDAY, 4 MAY 2010
... Tiger Asia Management from dealing shares in the country ever again after it caught the fund's directors guilty of insider trading - twice. Last August, the Securities and Futures Commission (SFC) applied for an injunction order to freeze up to $4 million ...

Orion tightens compliance after rogue trader caught

RUTH LIEW  |  WEDNESDAY, 7 APR 2010
... standards since one of its equities dealers, 24-year-old John Hartman, was caught and pleaded guilty to 25 charges of insider trading. Hartman was employed by Orion from March 2006 to January last year before he was dismissed for insider trading and ...