BNA Recap

Since I'm in recappin' mode, here are a couple items of interest from this week's BNA Securities Regulation Law Report (BNA-SRLR on Westlaw):

PEQUOT

BNA has obtained a copy of an internal SEC report about the insider trading investigation of Pequot Capital (40 SRLR 1634). For more about the Pequot investigation and about Gary Aguirre, the whistle blower lawyer who brought the whole thing to light, see this article in San Diego Magazine and this article on the WSJ blog.

CREDIT DEFAULT SWAPS

On page 1633, BNA reports on the SEC's call for Congress to regulate the credit default swaps market. The article also outlines the present state of CDS regulation (40 SRLR 1633).