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Stock Trading Ruling Headlines Insider Market Confusion
Federal judges ruled that corporate officers violated laws by trading stock before public disclosure of good news at Texas Gulf Sulphur Co. The decision also targets tips received by outsiders, highlighting the role of inside information in market movements and signaling possible restitution for Texas Gulf insiders.
MENTIONED IN THIS ARTICLE
New York
Texas Gulf Sulphur Co
Texas Gulf
Timmins
Securities and Exchange Commission
SEC
U.S. Court of Appeals