All you little Occupy Wall Street types will love this one--
The Securities and Exchange Commission has
issued subpoenas to firms and individuals connected to the leak last month of a
federal funding decision that appeared to cause a surge in stock trading of
several major health companies.
The move deepens the government’s scrutiny of the emerging “political
intelligence” industry, which has been thriving on delivering valuable
information from Washington to investors. This relatively new breed of
companies capitalizes on the fact that decisions made in Washington — whether a
regulator blocking a big merger or a lawmaker tweaking legislation — can create
opportunities for stock traders to make money.
Read more at The Washington Post
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