The Murakami Fund Incident and Future Fund Regulation
14 Pages Posted: 14 Nov 2006
Yoshiaki Murakami, founder of the Murakami Fund that became known for acquiring large shareholdings of listed companies and actively intervening in their management, was arrested and charged with insider trading. This paper goes over the events leading up to Murakami's indictment and analyzes the argument for strengthening fund regulation that has gained momentum as a result.
Keywords: fund, insider trading, fund regulation
JEL Classification: K22
Suggested Citation: Suggested Citation