Saturday, May 4, 2013

Feds Broaden Their Probe of Medicare Tips




Shocker?  Get a grip..  According to a WSJ report securities regulators probing how Washington handles market-moving information are looking at trading in health insurers stretching further back than was previously known, a move that turns up the heat on the clubby world of political intelligence.

Investigators at the Securities and Exchange Commission are examining trading in the period from when the administration decided to change its policy relating to certain Medicare insurance plans to when that decision was made public two weeks later, according to people familiar with the investigation….

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