Does Silicon Valley Have An Insider Trading Problem?

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Caddy Up! cnbc_commentCountMapObj.cnbc_commentCountMap_put("42357350", "38910464_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42357350", "38910464_5","cnbcCommentsTxt" ); Does Silicon Valley Have an Insider Trading Problem? cnbc_commentCountMapObj.cnbc_commentCountMap_put("42377452", "38910464_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42377452", "38910464_6","cnbcCommentsTxt" ); Wikileaks Can Dance! cnbc_commentCountMapObj.cnbc_commentCountMap_put("42377235", "38910464_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42377235", "38910464_7","cnbcCommentsTxt" ); Facebook Fired Employee for Insider Trading Ahead of Goldman Deal cnbc_commentCountMapObj.cnbc_commentCountMap_put("42376341", "38910464_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42376341", "38910464_8","cnbcCommentsTxt" ); Morgan Stanley CEO James Gorman Lets His Top Lieutenants Lie to Him with Impunity? cnbc_commentCountMapObj.cnbc_commentCountMap_put("42364686", "38910464_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42364686", "38910464_9","cnbcCommentsTxt" ); Fed Let Largest Banks Turn Junk into Cash During the Financial Crisis cnbc_commentCountMapObj.cnbc_commentCountMap_put("42374590", "38910464_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42374590", "38910464_10","cnbcCommentsTxt" ); Ted Kauffman on the Fiscal Fist Fight cnbc_commentCountMapObj.cnbc_commentCountMap_put("42360629", "38910464_11","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42360629", "38910464_11","cnbcCommentsTxt" ); Woman Complains That She Is Too Hot for Finance cnbc_commentCountMapObj.cnbc_commentCountMap_put("42362512", "38910464_12","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42362512", "38910464_12","cnbcCommentsTxt" ); What do the Bronx Zoo Cobra, Irish Banks and Goldman Sachs Have in Common? cnbc_commentCountMapObj.cnbc_commentCountMap_put("42364703", "38910464_13","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42364703", "38910464_13","cnbcCommentsTxt" ); Government Lost Out on Billions With Bailout cnbc_commentCountMapObj.cnbc_commentCountMap_put("42360612", "38910464_14","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42360612", "38910464_14","cnbcCommentsTxt" ); JPMorgan Chase Set to Close Giant AT&T Loan Today cnbc_commentCountMapObj.cnbc_commentCountMap_put("42362061", "38910464_15","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42362061", "38910464_15","cnbcCommentsTxt" ); Fed's Data Dump Leaves Investors in the Dark cnbc_commentCountMapObj.cnbc_commentCountMap_put("42360510", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42360510", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Current DateTime: 02:18:02 04 Apr 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 02:18:02 04 Apr 2011LinksList Documentid: 38852222John Carney

Runs this joint.

Cadie Thompson

Really, really runs this joint.

Ash Bennington

NetNet Special Reporter

Kate Kelly

Reports on the major Wall Street firms, trading, and regulation.

Jeff Cox

A staff writer with CNBC.com, covering the gamut of issues affecting the stock market and the economy.

Lori Spechler

A Senior Editor at CNBC, commodity trader in a former life.

Lori Ann LaRocco

A Senior Talent Producer at CNBC.

Nicole Lapin

Runs the graveyard.

Current DateTime: 02:18:02 04 Apr 2011LinksList Documentid: 38910635Expiration DateTime: 4/4/2011 2:21:35 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); Gaddafi Sons Said to Offer Plan to Push Father Out cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409599", "38910635_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409599", "38910635_1","cnbcCommentsTxt" ); Is Gaddafi Envoy Looking For Way Out? cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409101", "38910635_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409101", "38910635_2","cnbcCommentsTxt" ); Greece Seizes Yachts to Collect Tax Money: Official cnbc_commentCountMapObj.cnbc_commentCountMap_put("42377039", "38910635_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42377039", "38910635_3","cnbcCommentsTxt" ); Deutsche Boerse Won't Sweeten NYSE Bid: Report cnbc_commentCountMapObj.cnbc_commentCountMap_put("42410145", "38910635_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42410145", "38910635_4","cnbcCommentsTxt" ); EU Seeks Buzz from Electric Cars cnbc_commentCountMapObj.cnbc_commentCountMap_put("42370792", "38910635_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42370792", "38910635_5","cnbcCommentsTxt" ); The Fed Is on 'Different Monetary Planet': Economist cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409840", "38910635_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409840", "38910635_6","cnbcCommentsTxt" ); Miners Bet on Falling Copper Prices cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409624", "38910635_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409624", "38910635_7","cnbcCommentsTxt" ); Solvay Bids $4.8 Billion for France's Rhodia cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409653", "38910635_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409653", "38910635_8","cnbcCommentsTxt" ); US Denies Deal With BP to Resume Gulf Drilling cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409912", "38910635_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409912", "38910635_9","cnbcCommentsTxt" ); Would You Buy a Used Car From This Supermarket? cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409604", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("42409604", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); » HelpCurrent DateTime: 02:18:02 04 Apr 2011LinksList Documentid: 38851925Subscribe to this RSS feed

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dapMgr.enableACB("Context300",false); dapMgr.renderAd("Context300","&PG=CNBAL3&AP=1089&PN=CNBC",300,250); setDefault('cnbc_textbody');Does Silicon Valley Have an Insider Trading Problem? Published: Friday, 1 Apr 2011 | 1:10 PM ET Text Size By: John CarneySenior Editor, CNBC.com window.fbAsyncInit = function() { FB.init({appId: 'your app id', status: true, cookie: true, xfbml: true}); }; (function() { var e = document.createElement('script'); e.async = true; e.src = document.location.protocol + '//connect.facebook.net/en_US/all.js'; document.getElementById('fb-root').appendChild(e); }()); var sUrl = window.location; var str = '' $(".fbButton").html(str); //alert("1 :::: " + jQuery("#ssShare").length); Twitter cnbc_createTwitterURL();LinkedIn addthis_pub = 'cnbccomrssfeeds'; addthis_hide_embed=false; addthis_options = 'linkedin, digg, delicious, google,facebook,more'; More Share

Don't be surprised if people connected with some of the hottest new tech companies find themselves hauled into court on insider trading charges.

Many in Silicon Valley apparently believe that insider trading rules don't apply to buying or selling stakes in non-public companies like Twitter and Facebook.

Recently, in an article about a Facebook employee who allegedly bought shares in his the company in advance of an investment by Goldman Sachs Read Full Article »



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