Access to Material Confidential Government Information?

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

According to The Washington Post, the Securities and Exchange Commission has issued subpoenas to Height Securities, a Washington-based stock brokerage firm, and individuals in connection with the leak last month about a federal funding decision that appeared to cause a surge in stock trading of several major health companies. Questions: 1. What healthcare stock surged… Read more »