Insider Trading
SEC: Inside merger info passed from NC netted $11M
Submitted by Chris Phillips on Wed, 12/05/2012 - 9:26pm.

Federal regulators say an investment banker at Wells Fargo Securities in Charlotte and a longtime friend passed on insider tips on pending company mergers to friends or family members in five states, racking up more than $11 million in illicit profits.

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Burr one of two votes against Congressional insider trading bill
Submitted by WWAY on Tue, 01/31/2012 - 8:49am.

North Carolina Republican Sen. Richard Burr was one of two votes Monday against a bill that would make it clear that insider trading laws apply to lawmakers.

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