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Supreme Court Weighs If Friendly Tips Worth Millions Constitute Insider Trading

WASHINGTON ? Does giving a gift worth a lot of money make you a better person? In a case that has Wall Street on alert, the Supreme Court on Wednesday tried to find a workable rule for prosecutors to go after inside traders — those who trade on confidential corporate information and make a fortune off it. If the justices’ exchanges from the bench are any indication, the court may be willing to make it easier to prosecute this type of white collar-crime, which has gotten harder after a recent shakeup at its epicenter: New York.
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