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Securities Law 11/5/2009 4:01:51 PM EST Looking to the Past to Find the Future Partner, Porter Wright Morris & Arthur
The insider trading case against Raj Rajaratnam, founder of Galleon Fund, and others, discussed here, is being heralded as the most significant in years, leading some to ask if its signals the rejuvenation of SEC enforcement. The significance of the case, and whether it eclipses those such as Guttenberg, discussed here, which just a short time ago many were comparing to the SEC cases of the 1980s, remains to be seen. What is clear now however, is what the Rajaratnam case says about SEC enforcement. There are still miles to go.
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