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WikiLeaks outs JP Morgan Insider Trading via Legal Loophole

03/19/08, 10:34 PM

WikiLeaks is surely on a roll. They’ve outed the way JP Morgan takes advantage of a SEC Rule Loophole by walking right up to the knife edge of it. Because of the laxness in the language of the SEC rule 10b5-1, it allows large players to put stock into a specific program to be sold […]

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