Year: 2017

The Commission and the Manhattan U.S. Attorney’s Office have brought a number of pay-to-play cases involving pension funds. In one involving the third largest public pension fund in the country uncovered by the SEC, Deborah Kelley, a former managing director …

Former Broker Sentenced in Pay-to-Play Scheme Read More »

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The difficulty with tipping chains is establishing that the key elements of insider trading were passed down the chain to those trading. In the second circuit’s Newman case, for example, the court remarked that it had never seen a criminal …

SEC Charges Eight With Insider Trading Read More »

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