Rajaratnam arrest triggers US insider-trading crackdown
US authorities are reportedly preparing more insider-trading charges against suspects linked to arrested hedge fund manager Raj Rajaratnam. Lawyers and more hedge fund managers are understood to be among the next round of targets of the two-year market abuse investigation.
Sri Lankan-born Rajaratnam founded and managed the $3.7 billion Galleon fund until a wire-tap probe led to charges relating to a $25 million insider-trading scheme. Five executives arrested on Friday are alleged to have
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