Investigation Into Medicare Payment Decision Spotlights Issues Of Insider Trading And ‘Political Intelligence’The Wall Street Journal: Probe Of How U.S. Agency's Medicare Move Reached Investors Hits Wall
Investigators are hitting a wall in an insider-trading probe of how a government funding decision made its way to investors before it was officially released, according to people familiar with the probe. The Securities and Exchange Commission and Federal Bureau of Investigation have been examining whether anyone in government illegally passed along information April 1 about a pending decision on Medicare payments, according to officials involved in the probe (Mullins, Eaglesham and Bartlett, 11/21). This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.