Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

People Who Don't Get It: Investor Relations Execs Who Engage in Insider Trading

Bruce Carton | July 23, 2014

Not too far removed from public company employees who foolishly believe they can get away with insider trading in their own company's stock are investment relations executives who foolishly think they can get away with insider trading stock in the stock of their public company clients. Bad idea!

The latest example from the investment relations world came yeterday when the SEC brought a settled insider trading case against Kevin McGrath, a partner and account executive at investor relations firm Cameron Associates. The SEC alleged that McGrath engaged in insider trading on two occasions and made illicit profits and avoided losses totaling ... wait for it ... $11,776.

Specifically, the SEC alleges that shortly after drafting press releases for public companies regarding...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.