, Columnist
One Golf Course That's Great for Stock Tips
It's not impossible that the SEC is just going country club by country club charging all the insider traders. But so far it's pretty much stuck in Watertown.
Today the Securities and Exchange Commission and the U.S. Attorney for Massachusetts brought insider trading charges against two men who allegedly shared inside information when they played together on the same co-ed softball team. No, of course I'm kidding, come on, they were golf buddies. They're always golf buddies!
That local country club appears to be the Oakley Country Club in Watertown, Massachusetts.1 Remember when I wrote about golf buddies accused of insider trading last month? GUESS WHAT COUNTRY CLUB THEY BELONGED TO.2 The Oakley Country Club would seem to be the biggest hotbed of alleged insider trading since SAC Capital.3