1. And the investing public should also gain, securities law experts say, because illegal insider trading should be easier to prosecute. 2. A civil complaint filed in the same court by the Securities and Exchange Commission charges Henderson and Randall with illegal insider trading. 3. A federal judge froze a New York brokerage account of a British businessman accused of illegal insider trading. 4. But over the last few years, the SEC. has been losing legal ground in court battles against illegal insider trading. 5. Illegal insider trading costs investors millions of dollars a year by inflating the cost of mergers and acquisitions, according to a Harvard Business School study. 6. In addition to the fraud allegations, the SEC charged Ledbetter with illegal insider trading. 7. In a related complaint, the SEC filed civil charges Wednesday accusing Waksal of illegal insider trading. 8. INQUIRY OVER TRADING IN SAP Prosecutors are investigating suspected illegal insider trading at SAP, the German software company. 9. It is the first SEC rule that specifically addresses illegal insider trading. 10. Prosecutors are investigating possible illegal insider trading, wire and mail fraud and violations of securities law, Business Week said. |