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Gregory Zuckerman: Rajaratnam Trial Is Crucial

This article is more than 8 years old.

From today's show on insider trading and the Raj Rajaratnam trial: guest Gregory Zuckerman said that the case is critical to the future of the Securities and Exchange commission, whichever way the decision goes:

The SEC has been somewhat toothless in recent years.  It was afraid of — I would argue —  taking on big cases, so it's a crucial case for the SEC regulators in general, in that if they win this thing, it gives them encouragement to take on other ones, other big-name cases.  And if they lose it, it does discourage them to some extent.

What do you think, could this be the beginning of a toothier SEC?

This program aired on March 10, 2011. The audio for this program is not available.

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