Taking the inside track

The quest for company information can lead researchers to legally ambiguous places, so it pays to stay on the right side of the law, writes David Walker

Jennifer Nye, partner with Katten Muchin Rosenmann Cornish, a law firm specialising in the hedge fund sector, says panels of present or former employees of firms, and the possibility of insider trading as a result of information gleaned from them, form part of the SEC's current focus on hedge funds.

The SEC's interest - and its requests for information from a number of hedge funds that have engaged consulting firms that organise panels - stems from the New York Attorney General's subpoena of

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