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Rampant insider trading rarely leads to prosecution, says study

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Insider trading continues to be “pervasive” before merger and acquisition deals but rarely leads to prosecutions, according to an analysis of unusual trading patterns by a team of professors in Canada and the United States.

... The study is a working paper published in May by Patrick Augustin of McGill University in Montreal and co-authors Menachem Brenner and Marti Subrahmanyam, both of New York University.

Read full article: The Globe and Mail