Feds Target Insider Trading In Conn.

NEW HAVEN (AP) — The US attorney for Connecticut says prosecutors in the state are targeting insider trading and similar financial crimes for the first time as part of a new focus on white-collar criminals.

Attorney David Fein said in an interview with The Associated Press that his staff is investigating several cases of insider trading in Connecticut, a global financial hub. He said charges are expected to be filed but he could not provide further details on pending investigations.

Cases involving manipulation of markets in southwestern Fairfield County traditionally have been handled by the neighboring US Southern District of New York, but Fein said his district is working to take over that responsibility. Fein said the shift reflects his commitment to root out white-collar crime.