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Convicted Of Insider Trading, Martoma Turns To Harvard Law Professor Again

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Mark Melin
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With a trend of living close to the edge, convicted former SAC trader Mathew Martoma looks to an old friend at Harvard to reduce his prison sentence

As he surveys a low-security prison cell in Miami, FL, Mathew Martoma, 40, appears despondent as he looks at his wife, Rosemary, and their three small children. Martoma faces a nine year prison sentence for insider trading.

Martoma’s sentence wasn’t for a crime that brought down the economy, as was done in 2008.  He didn’t launder money for terrorists and drug cartels, or engage in a brazen act of regulatory defiance, as was apparently done it the MF Global situation that damaged a

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.