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Saturday, 25 June 2016

Sokol's escape further fogs insider-trading laws

Sokol haze

Warren Buffett’s fallen deputy was a prime target after dealing in Lubrizol shares as Berkshire Hathaway mulled a takeover. Yet the SEC dropped its probe. Even with a broad insider-trading crackdown since the David Sokol affair was disclosed, the crime’s contours remain elusive.

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