Implications of sharing confidential material information

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Are information-gathering techniques like Rajaratnam's common on Wall Street? If so, what could regulators, investors, and executives do to reduce the practice?

What are the implications of sharing confidential material information? Is it something that would affect your decision about how to trade a stock if you knew about it?

Do you think the secret investigation and conviction of Rajaratnam and other people in the Galleon network will deter other fund managers and investors from sharing nonpublic information?

Reference no: EM133212463

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