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SEC Criminally Charge Only Non-Bankers

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The SEC has filed criminal charges on insider trading front-running which is standard practice by the New York Trading Banks. This is just further evidence that the bankers ate TOO BIG TO PROSECUTE or as one NY Lawyer said to me why they will never charge a NY Bank – “You don’t shit where you eat!” There is no such thing as equal justice for all. No worries – it is just a campaign slogan.