Why do people, who should presumably know better than most i.e. accountants and attorneys, continue to engage in insider trading by misappropriating material non-public information from the companies they serve? In doing so, either through ignorance or pure greed (or both) they end up leaving a "paper trail" long enough for the SEC to follow right to their door and the doors of their family members and friends.
The SEC's most recent case against a former Deloitte partner continues a long line of such cases.
http://www.sec.gov/litigation/litreleases/2010/lr21758.htm
Tuesday, November 30, 2010
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