November 14, 2018

busted

Third Idiot Charged in Elaborate Post-It Eating Insider Trading Scheme

Do you all remember the Post-It note eating fools the SEC accused of insider trading? Well, now the SEC has charged the alleged "middleman," who was the one the SEC claimed was eating the Post-it notes with insider-y things written on them back in March though they didn't reveal his name at the time. Today's […]

If You’re Engaging in Insider Trading, You Probably Shouldn’t Connect With Your Insider On LinkedIn

Two guys in Australia have been arrested for insider trading, money laundering, corruption and abuse of public office. Australian Federal Police allege the offenses went down between August 2013 and May 2013 to the tune of $7 million AU (about $6.5 million US). How did they get caught? Funny you should ask. An astute foreign […]

The SEC is Not Pleased With KPMG’s Independence

Oh man. It's been a pretty crappy week for KPMG except for that whole Phil Mickelson sponsorship renewal… hopefully that will make up for this: The Securities and Exchange Commission today charged public accounting firm KPMG with violating rules that require auditors to remain independent from the public companies they’re auditing to ensure they maintain […]