More arrests in insider trading probe - News and Current Events | futures io social day trading
futures io futures trading

More arrests in insider trading probe
Updated: Views / Replies:511 / 0
Created: by kbit Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

More arrests in insider trading probe

  #1 (permalink)
Elite Member
Aurora, Il USA
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
kbit's Avatar
Posts: 5,893 since Nov 2010
Thanks: 3,308 given, 3,343 received

More arrests in insider trading probe

(Reuters) - The FBI is making several arrests as part of the government's sweeping probe into insider trading, people familiar with the matter said on Wednesday.

Anthony Chiasson, who co-founded the Level Global Investors hedge fund, is turning himself in to authorities, one of the people said.

Among the others is Todd Newman, who headed technology trading for Diamondback Capital Management from Boston, another person said. He had been placed on leave of absence in 2010 and subsequently let go by that firm.
The people declined to be named because of a lack of authority to speak about the arrests. Lawyers for Chiasson and Newman did not immediately return requests for comment.

Wednesday's arrests reflect a widening of the government's long-running probe into the alleged sharing of confidential information about publicly traded companies with hedge fund managers and analysts.
More than 50 people have been arrested or charged in overlapping probes that were first unveiled in October 2009. Most of these people have pleaded guilty or been convicted.

Many government cases have been based at least in part on the use of wiretaps authorized by several federal judges.
Reuters had earlier reported the government's interest in Newman.

Level Global and Diamondback are among several firms that were raided by the FBI in late 2010 in the probe. Others included Loch Capital Management and Barai Capital Management.

Raj Rajaratnam, a former billionaire and founder of Galleon Group, remains the best-known investor implicated in the probe. A jury convicted him of fraud and conspiracy charges last May, and he is now serving an 11-year prison term.
Rajat Gupta, a former chief of the consulting firm McKinsey & Co and director of both Goldman Sachs Group Inc and Procter & Gamble Co, has been charged with providing illegal tips to Rajaratnam. He is fighting those charges

More arrests in insider trading probe: sources - Yahoo! Finance

Reply With Quote


futures io > > > > More arrests in insider trading probe

Upcoming Webinars and Events (4:30PM ET unless noted)

The Evoluton of HFT & Retail Impact w/John Grady

Elite only

Day Trading Oil Futures: Reducing Risk & Increasing Profits w/DTN IQFeed

Mar 26

Similar Threads
Thread Thread Starter Forum Replies Last Post
The IRS-Swiss Banker Arrests Everyone's Been Waiting For kbit News and Current Events 0 January 3rd, 2012 07:17 PM
CONGRESS INSIDER TRADING RUN AMOK..... kbit News and Current Events 0 December 21st, 2011 01:22 PM
More charges coming in insider trading probe: sources kbit News and Current Events 0 December 1st, 2011 09:57 AM
Insider Trading on Capitol Hill ollie News and Current Events 2 May 31st, 2011 07:27 PM
Insider Trading Maletor Traders Hideout 3 June 17th, 2009 06:30 PM

goldman, goldman sachs, information, technology, trading

All times are GMT -4. The time now is 11:32 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-03-17 in 0.18 seconds with 14 queries on phoenix