Cybersecurity
Rajaratnam and 75 Other Reasons Hedge Funds Are Scared Straight
- All those insider-trading convictions gave Wall Street chills
- Training sessions include photos of white-collar perp walks
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The ghost of Raj Rajaratnam still haunts hedge funds. Some make employees sign pledges that they’ve not acted on illicit tips, others snoop on their traders with keystroke-reading software. At the compliance meetings everybody has these days, prison isn’t an off-the-wall topic.