Bloomberg – The U.S. Securities and Exchange Commission sent at least 36 subpoenas to financial companies in a broadening investigation of potential insider-trading violations that includes Goldman Sachs Group Inc., the Wall Street Journal reported, citing unidentified people familiar with the matter.
Some of the subpoenas are related to mergers in the health- care and retail industries over the past three years, including Sears Holdings Corp.’s failed attempt to buy Restoration Hardware in 2007, the newspaper said.
