After fumbling the probe into Bernie Madoff’s multibillion-dollar fraud, the Securities and Exchange Commission reportedly is ramping up insider-trading investigations. Law Professor Elizabeth Nowicki, a former SEC and Wall Street attorney, says traders at hedge funds, investment banks, and brokerages should beware.
“The SEC has finally aggressively asserted itself — in what appears to be both a public relations move and a genuine effort to clean up insider trading and selective disclosure — to make the markets more fair for Joe Common Investor.”
Contact Elizabeth Nowicki, 617-353-2807, enowicki@bu.edu
