Rajaratnam’s Insider Trading Sentence

October 13, 2011 – Media Mention
Public Broadcasting System's Nightly Business Report

David Rosenfield says the sentence of 11 years in prison that convicted insider trading defendant Raj Rajaratnam received is likely to deter other Wall Street traders who are contemplating violating securities laws. This segment notes that the sentence was a record for an insider trading case, but significantly less than what the prosecution had requested.