FBI Looks into Insider Trading Involving Pro Golfer Phil Mickelson, Billionaire and Gambler

Steve Neavling ticklethewire.com Pro golfer Phil Mickelson said he’s cooperating with the FBI in an investigation involving allegations of insider trading. The USA Today reports that investigators are trying to determine whether Mickelson and Las Vegas gambler William “Billy” Walters illegally traded on public information from billionaire investor Car Icahn. Mickelson said he’s cooperating. “And…

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FBI Investigates High-Speed Investors Accused of Potential Market Manipulation

Steve Neavling ticklethewire.com The FBI is investigating high-speed trading firms to determine whether they are engaged in insider trading, the Wall Street Journal reports. The investigation was launched a year ago but remains in the early stages. Among the focuses is whether high-speed investors are trading using information that others can’t access. Investigators also are…

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Analyst Who Mocked FBI’s Crackdown on Insider Trading Gets More Than 4 Years in Prison

Steve Neavling ticklethewire.com  A former research analyst apparently thought he was untouchable when the FBI began investigating him. John Kinnucan publicly mocked the bureau’s probe, calling agents “fresh-faced eager beavers.” Then on Tuesday, a federal judge sentenced Kinnucan to more than four years in prison for insider trading, CNN reports. Kinnucan, who was outspokenly critical…

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