Today the New York Times reported an 11 year prison sentence for convicted insider trader, Raj Rajaratman, which according to the Times is “the longest prison sentence ever for insider trading.” In handing down the stiff sentence, Judge Richard Howell said insider trading was “an assault on the free markets . . . a virus in our business culture that needs to be eradicated.”
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To read the NYT article visit:
New York Times Article