Is High-Frequency Trading a Crime?

Last Friday, U.S. Attorney General Eric Holder appeared before a congressional hearing and told the congressional representatives that the Justice Department was looking into the practice of high-frequency trading to determine whether the practice violates insider trading laws.  This is an issue that the Securities and Exchange Commission and the Federal Bureau of Investigation are […]

Bank Sued by Madoff Investors

Individuals defrauded by Bernie Madoff have brought a class action suit in Miami federal court against a bank for bilking customers out of fees charged to manage investments in a Madoff fund. The suit alleges that the bank, Standard Chartered, headquartered in London charged fees to invest in a Madoff feeder fund, Fairfield Sentry. The […]