SEC’s Khuzami Indicates Crackdown on Insider Trading Will Extend Beyond Equities
25 Nov 2009
Following the establishment of its new enforcement division earlier this year, this week, the US Securities and Exchange Commission (SEC) has indicated it will be broadening the remit of its insider trading investigations to cover markets beyond equities. The division, which is headed by director Robert Khuzami, will be focusing its investigations on complex instruments such as derivatives as part of the regulatory community’s crackdown on hedge funds.
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