from Wikileaks:
Monday March 17, 2008
A confidential memo obtained by Wikileaks shows that not only has the U.S. Securities and Exchange Commission created an insider trading loophole big enough to drive a truck through, but that Wall Street is taking full advantage of it, establishing ‘how-to’ programs and even client service divisions to help well-heeled clients circumvent insider trading regulations.
http://wikileaks.org/wiki/Whistleblower_exposes_insider_trading_program_at_JP_Morgan