Wall Street insider trading rampant angry SEC.

<P> According http://finance. News, U.S. Securities and Exchange Commission (SEC) Executive Director Linda Chatman Thomsen said on Thursday that the performance of insider trading on Wall Street, "rampant", SEC has set up a special group for this. .</ P> <P> According to Reuters, Thomsen securities fraud in a space theme of the meeting, said: "I believe there will be more of insider trading surfaced." He said: "I have insider trading case .of the large number of disappointed. These people live by the market to eat a rich life, it is used by means of deception. "refers to insider trading this year have been found. .</ P> <P> SEC's lawyers have been accelerated over the past year to deal with insider trading related to the pace of legal proceedings and reconciliation. .Some well-known recent cases of insider trading, including a couple of Hong Kong on the Dow Jones News Corp. launched five billion U.S. dollars to buy Dow Jones stock when the acquisition, Countrywide Financial Corp released three former executives at the company before selling poor earnings .Countrywide Financial stocks. .</ P> <P> U.S. prosecutors also alleged that in March this year the 13 persons suspected of insider trading, including from UBS, Morgan Stanley and Bear Stearns and other top investment bank's employees. .United States, said the judiciary, which is 80 years since the last century has been the most extensive investigation of insider trading groups. .In addition, the SEC initiated civil charges are still 11 people and three hedge funds. .</ P> <P> SEC internal working group set up four, one of which is responsible for the concern of insider trading involving hedge funds. .For a long time, the total assets under management of 1.8 trillion hedge fund industry has always insisted on protecting their investments and transactions are not being widely known. .The other three working groups were responsible for municipal securities, subprime mortgage loans and to monitor the executive stock options backdating. .</ P> <P> Thomsen expected, SEC will take more action for the options backdating, but she did not give a specific event table. .</ P>.