News File

• 1. NEWS FILE
  SUBMITTED BY: POOJA KHULLARCLASS: MBA-2B
  

2. US to lift lid on pervasive insider trading: Report

• US officials are preparing insider trading charges against a host of financial players, including investment bankers and hedge fund managers, according to people familiar with the matter.

3. The charges could surpass any previous investigations on Wall Street, and examine whether certain players garnered tens of millions of dollars in illegal profits. 4. The investigations could expose "a culture of pervasive insider trading in US financial markets", especially in ways private information is transmitted to traders through connected insiders, the newspaper said, citing federal authorities.