The Australian Securities and Investments Commission says there have been more breaches of insider trading in the past three years than in the entire preceding decade.
In the three years to December last year, ASIC won 11 convictions for insider trading, with another seven cases yet to be decided.
In the prior decade to 2008, ASIC won 10 insider trading cases and lost five.
In a sign of a rise in illegal trading, ASIC says it is receiving around 200 alerts a day in relation to suspicious trading activity regarding the use of privileged information unavailable to the general market.
http://www.abc.net.au/news/2012-05-16/insider-trading-cases-surge-says-asic/4014338
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