# Profs Menachem Brenner & Marti Subrahmanyam's research on insider trading is highlighted

1 Faculty News July 14, 2014 ![The Gobe and Mail logo](/sites/default/files/styles/246w/public/assets/images/con_030719.jpg?itok=syM8EjNA)>

Excerpt from [The Globe and Mail](http://www.theglobeandmail.com/report-on-business/rampant-insider-trading-rarely-leads-to-prosecution-says-study/article19603078/) -- "The report concludes trading volume and volatility in the 30 days preceding the announcement of a takeover deal 'suggests that informed trading is more pervasive than would be expected based on the actual number of prosecuted cases.' The study is a working paper published in May by Patrick Augustin of McGill University in Montreal and co-authors [Menachem Brenner](http://www.stern.nyu.edu/faculty/bio/menachem-brenner) and [Marti Subrahmanyam](http://www.stern.nyu.edu/faculty/bio/marti-subrahmanyam), both of New York University."

[Read more](http://www.theglobeandmail.com/report-on-business/rampant-insider-trading-rarely-leads-to-prosecution-says-study/article19603078/)