ticking-higher
Newest weapon in U.S. hunt for insider traders paying off
November 1, 2016 by elegant · Leave a Comment
By Nate Raymond NEW YORK (Reuters) – When plumber Gary Pusey pleaded guilty in May to insider trading, it was a victory not just for New York prosecutors but for a little-known squad inside the U.S. Securities and Exchange Commission that uses data analysis to spot unusual trading patterns. Formed in 2010, the Analysis and Detection Center of the SEC's Market Abuse Unit culls through billions of rows of trading data going back 15 years to identify individuals …
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Newest weapon in U.S. hunt for insider traders paying off
ticking-higher
Fed to hold rates steady, put December hike firmly in view
November 1, 2016 by elegant · Leave a Comment
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday but set the stage for a hike in December amid signs the economy is picking up steam. The central bank has grown increasingly confident about raising rates and Chair Janet Yellen said in September that a move before the end of the year was likely should…
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Fed to hold rates steady, put December hike firmly in view