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The three men charged with insider trading, engaged in a scheme that Michael J. Garcia, the United States attorney in Manhattan, described as "one of the most extensive insider trading cases in this district in decades".
The sort of trading engaged in by Wilshire, known in the industry as market timing, is not necessarily illegal, but regulators, including the S.E.C. and the New York attorney general, are investigating mutual fund companies that quietly permitted the practice while discouraging it in their prospectuses.
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The old law, he wrote, "did not prohibit banks from trading, engaging in derivatives, leveraging themselves or making bad loans".
The Glass-Steagall Act (repealed in 1999) prohibited commercial banks from underwriting debt and equity issues, a very safe activity; it did not prohibit banks from trading, engaging in derivatives, leveraging themselves or making bad loans.
He also nationalized railways and banks, took public control over the grain trade, engaged in protectionism, and chose not to join international institutions like the General Agreement on Tariffs and Trade.
Today Mr. Ritchie, who has built a fortune in options trading, is engaged in a campaign to reshape the country he remembers with such passion.
It was successful in several interventions on behalf of European trade unions engaged in struggles with employers.
The lawsuit, which is pending, says that through C.V. Starr and Starr International, the publicly traded A.I.G. engaged in self-dealing to the detriment of its shareholders.
Since he began, SemBioSys has become a publicly traded company engaged in the development and commercialization of protein-based products, including pharmaceuticals.
Zuckerberg's own trade-offs, engaged in his quest to maximize the growth of his system, appear to have achieved a very different kind of outcome.
In recent months, news reports had alleged the office's trading desk was engaged in speculative trading, not hedging.
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CEO of Professional Science Editing for Scientists @ prosciediting.com