July 19, 2013
Brave New Vistas In Insider Trading
Posted by David Zaring

Over at Compliance Week, they've found a gap in the federal government's market surveillance, and they've gone and given it to the world:

This morning, the Daily Intelligencer reports, CNBC's Jim Cramer asked Preet Bharara, the U.S. Attorney for the SDNY, if Snapchat can be used to share insider trading tips without leaving a trail. Bharara's response: "I don't even know what you're talking about."

That's from the brilliantly titled Snapchat: The New Way to Tell Everyone that "Blue Horseshoe Loves Anacott Steel".  You'll have to click on the link if you do not recall the reference.

Securities, White Collar Crime | Bookmark

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