Federal judge rules NY stock brokers must face insider trading case


U.S. District Judge Jed Rakoff rules that Euro Pacific Capital Inc traders, Daryl Payton and Benjamin Durant, who escaped criminal insider trading charges must still face civil charges by U.S. securities regulators.

The case is Securities and Exchange Commission v. Payton, U.S. District Court, Southern District of New York, No. 14-04644.

More here: http://www.reuters.com/article/2015/04/06/usa-insidertrading-ibm-idUSL2N0X31WP20150406