Insider Trading Thrives as Japan Drags Its FeetRobert Boxwell
July 2 (Bloomberg) -- Last month, lawmakers from the ruling Democratic Party of Japan announced they will convene a panel to figure out how to stop an insider-trading problem they have been working on since 2006. Traders, operating on inside information, have been short selling shares of companies just before new equity sales are announced, which often causes the company’s share price to fall, then covering their short position by buying shares back at the new, lower price.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Trump's Judgment Is Debatable. His Sanity Is Not.
- Never-Trumpers Never Agree About Anything Else
- GOP Surrenders Cherished IRS Scandal at Last
- What Trump Got (Half) Right in Asia
- Converging on Tax-Reform Nonsense
- Too Many Laws. So Much Ignorance. Something Has to Give.
- Bitcoin Has an Unusual Relationship With Volatility