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Feds Make Arrest In Insider Trading Investigation

from National Public Radio
November 24, 2010

Authorities have sent subpoenas demanding information from the major mutual fund Janus Capital Group, along with two of the country's biggest hedge funds, SAC and Citadel. Wednesday's arrest involves a New Jersey man who arranged for employees at publicly traded companies to provide inside information to hedge funds so they could trade on that information and make a profit.

Broadcast Dates

  • Morning Edition, November 24, 2010
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