Insider Trading: Preet Bharara

Preet Bharara: The firms, plus any successors, must put measures in place to identify insider trading. , according to BBC. "Today marks the day of reckoning for a fund that was riddled with criminal conduct," Manhattan US attorney Preet Bharara said on Thursday. As part of a plea deal, SAC Capital and related companies will cease operating as investment advisers, the FBI said . The deal includes $1.184bn in financial penalties, on top of $616m that SAC Capital will pay US regulators. (news.financializer.com). As reported in the news.

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