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Love and Deceit: Work-From-Home Era Spawns 'Pillow Talk' Insider Trading.

Authors :
Ramey, Corinne
Source :
Wall Street Journal (Online). 1/10/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

The article discusses the emergence of "pillow talk" insider trading cases during the work-from-home era. These cases involve individuals gaining confidential information from their romantic partners who work in finance or law. The COVID-19 pandemic created a unique environment where secrets were shared during the routine of working from home. The article highlights specific cases where individuals used this information to make profitable trades and the legal consequences they faced. It also notes that while men are often the ones involved in these cases, women have also been implicated in the past. The article concludes by mentioning the challenges faced by prosecutors in determining the involvement of the partner who received the information. [Extracted from the article]

Details

Language :
English
ISSN :
25749579
Database :
Academic Search Index
Journal :
Wall Street Journal (Online)
Publication Type :
News
Accession number :
174692327