The SEC can't let up in its newly invigorated battle against insider trading
Recent revelations about alleged insider trading at hedge funds make me wonder if the average investor has a fair shot at investing in stocks. The most recent story pertains to a $15 billion hedge fund that closed back in May.
And last month, the $3.7 billion Galleon hedge fund was shuttered after its founder was arrested with many others. I think it's great the SEC is starting to focus on the problem. I hope the fear of getting caught will stop insider trading by hedge funds altogether.