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March 02, 2007

Corporate crime blotter

Why investors need strong laws: From the SEC ---

Washington, D.C., March 1, 2007 - The U.S. Securities and Exchange Commission today charged 14 defendants in a brazen insider trading scheme that netted more than $15 million in illegal insider trading profits on thousands of trades, using information stolen from UBS Securities LLC and Morgan Stanley & Co., Inc.

Posted by Ed Mierzwinski at March 2, 2007 04:08 AM


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