NY Prosecutors Protecting HFT Firms From Code Theft

Prosecutors are getting tough on Wall Street and those committing crimes are finding their way into a jail cell. Well at least if you work on Wall Street and commit the crime of stealing computer code from a Wall Street firm, that is.

Government prosecutors targeting HFT firm employees

As criminal punishment for destroying the economy in 2008 with acknowledged fraudulent derivatives products didn’t land protected bank executives in jail, and while recent polls show ongoing distrust for Wall Street, government prosecutors are targeting not Wall Street bankers who destroy the economy, but firm...