Inside/Outside/Upside Down

By |2016-11-17T16:34:29-04:00November 12th, 2014|Categories: Global Market Update|Tags: , , |

Do you know what insider trading is? Are you sure?Insider trading is illegal. It’s part of our regulatory landscape. If you’re a corporate insider and have material, nonpublic information about a company’s prospects, you’re not supposed to profit from that information. This applies to insiders and anyone to whom they’ve provided information. […]

Buck Hunting

By |2016-11-17T17:22:33-04:00February 8th, 2012|Categories: Global Market Update|Tags: , , |

File this one under “closing the barn door after the horse leaves the stable.” The SEC is proposing new rules to govern money market funds. Among them are restricting withdrawals, requiring fund sponsors to have equity in their funds, and no longer allowing the funds to have a fixed price and daily interest. Instead, the funds will have a floating net asset value like other mutual funds. […]