1) Are information gathering techniques like rajaratnam’s common on Wall Street? If so, what could regulators, investors, and executives do to reduce the practice?
Yes, I think information gathering techniques like rajaratnam so are Connie. In Wall Street. Although insider trading is illegal people will continue to do it as they see money as more important than what it right and wrong. It would be hard to stop this illegal practice because people will the link of newer more clever ways to hide it. If a combat appears to be using this type of information gathering a close eye should be kept in them and they should know the penalties that come with insider trading u would watch out for companies that make sudden changes and invest unusually large amounts of money at a time.
2) What are the implications of sharing confidential material information? Is it something that would affect your decision about how to trade a stock if you knew about it? It is illegal to share information unknown to the public people who are caught doing this are prosecuted and sentenced to jail time in addition to paying fines. It would be hard not to let inside information you know about coerce you into making a decision so if I had any information I would try not to make any decisions regarding that stock.
3) Do you think the secret investigation and conviction of rajaratnam and other people in the galleon network will deter other fund managers and investors from sharing non-public information? No I don't think that the secret investigation and conviction of rajaratnam and other people in the galleon network will deter other fund managers and investors from sharing non-public because they think they are smarter and therefore more able to hide.