Insider Trading, Unlike Other Wall Street Crime, Receiving Stiffer Sentences

Hedge fund traders who are convicted of insider trading are receiving prison sentences 31 percent longer than in the past and the number of such cases has increased, a Reuters analysis shows. Insider trading cases From 2008 to 2013, those guilty of insider trading received an average sentence of 17.3 months, compared with just 13.1 months during the five previous years.  Reuters analyzed 207 insider trader cases, excluding those reversed on appeal. The number of insider trading cases is also significantly higher.  57 percent of insider trading cases were brought from 2008 to 2013, with two record sentences being handed…