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High Court Hands Prosecutors Victory On Insider Trading

By Carmen Germaine ( December 6, 2016, 10:38 AM EST) -- In its first insider trading case in nearly two decades, the U.S. Supreme Court on Tuesday unanimously upheld a man's conviction for insider trading on tips from his brother-in-law, agreeing with federal prosecutors that traders can be held liable even if the insider didn't receive a financial benefit for passing the tip as long as the trader and insider are friends or relatives....

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