Tuesday, April 22, 2014
Robert W. McGee has posted Is the SEC Guilty of Insider Trading? on SSRN with the following abstract:
This article reviews the literature on insider trading by SEC employees and discusses ethical issues. It also provides links to more than 20 insider trading articles. Recent research has indicated that some employees of the Securities and Exchange Commission might have engaged in insider trading. They are in a unique position to do so, since they have access to nonpublic information, and know that an investigation of a particular company is about to be launched. This information, if made public, could have an effect on the company’s stock price.