The aggressive use of wiretaps is important: It shows that we are targeting white-collar insider-trading rings with the same powerful investigative tools that have worked so successfully against the mob and drug cartels. Preet Bharara Read Quote
We have witnessed the most educated, successful, and monied professionals in the country put their companies – not to mention their own liberty – at risk by engaging in flagrant and foolhardy illegal conduct. Preet Bharara Read Quote
From coast to coast, the FBI and Securities and Exchange Commission have ensnared people not only at hedge funds, but at technology and pharmaceutical companies, consulting and law firms, government agencies, and even a major stock exchange. Preet Bharara Read Quote
I spoke bluntly about what I had seen in a little over a year as United States Attorney for the Southern District of New York. To the apparent surprise of many in the room, I observed publicly that insider trading appeared to be rampant. Preet Bharara Read Quote
Securities fraud generally and insider trading in particular should be eminently deterrable crimes. Preet Bharara Read Quote
Significant officials at publicly traded companies are casually and cavalierly engaged in insider trading. Because insider trading has as one of its elements communication, it doesn’t take rocket science to realize it’s nice to have the communication on tape. Preet Bharara Read Quote
As the United States attorney in Manhattan, I have come to worry about few things as much as the gathering cyber threat. Preet Bharara Read Quote
In some respects, inside information is a form of financial steroid. It is unfair: it is offensive; it is unlawful; and it puts a black mark on the entire enterprise. Preet Bharara Read Quote