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JP Morgan's Insider Trading How-To On Wikileaks

Posted by kdawson on from the ten-bee-five-dash-one dept.

An anonymous reader writes "In an internal JP Morgan document published recently, Wikileaks exposes JPM's efforts to circumvent insider trading regulations, enabling their wealthy clients to profit even when others are losing. The document reads like a how-to and explains how to take advantage of SEC Rule 10b5-1, which has long been considered ripe for abuse. Now this abuse is publicly documented and will be hard to ignore."

1 of 246 comments (clear)

  1. Well ! by mrbugjacobs · · Score: 0, Redundant

    I sure didnt know about this before so WikiLeaks must have some purpose. Now, I should also say that I didnt know about WikiLeaks either ...