MS/UBS Insider Trading
The biggest insider trading ring since the 1980s... what do you guys think? Will it affect the deal flow of any of these firms
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It was someone from compliance (MS) and research (UBS). It will not affect deal flow, unless the gov't goes on a witchunt of similar proportions to the one that brought Drexel to its knees. Chances of that happening are minute.
I think that's what was so surprising about the ring. There were lawyers, officers, and people who should be making sure rules are followed involved.
probably something I shouldn't bring up when asked 'what do I know about UBS?' in my interview next week.
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