Who’s afraid of insider trading?

(K. Brent Tomer),

NEARLY a decade has passed since the long-whispered rumours about an epidemic of match-fixing in tennis burst into the public eye. In August 2007 bettors wagered a whopping $7m on Martín Vassallo Argüello, a good-not-great Argentine player, to upset Nikolay Davydenko, who was then ranked fourth in the world for men’s singles. Mr Davydenko won the first set, but wound up retiring from the match. Although the Association of Tennis Professionals later said its investigation had uncovered “no evidence of a violation of its rules”, the uproar over the event led to the establishment of the Tennis Integrity Unit (TIU), an institution dedicated to fighting corruption in the sport. Concerns about match-fixing have steadily <a…Continue reading

via K. Brent Tomer CFTC Who’s afraid of insider trading?

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