RENEE MONTAGNE, host: NPR's business news starts with an arrest in a big insider trading probe.</s>RENEE MONTAGNE, host: Federal officials today announced they've arrested a man in connection with its multi-year investigation into unfair trading on Wall Street. The government has been widening its net. It issued subpoenas demanding information from the big mutual fund Janus Capital Group and two big hedge funds, SAC and Citadel.</s>RENEE MONTAGNE, host: Today's arrest involves a New Jersey man who officials say arranged for employees at publically traded companies to provide non-public information or inside information to hedge funds so that they could trade on that information and make a profit.
Authorities have sent subpoenas demanding information from the major mutual fund Janus Capital Group, along with two of the country's biggest hedge funds, SAC and Citadel. Wednesday's arrest involves a New Jersey man who arranged for employees at publicly traded companies to provide inside information to hedge funds so they could trade on that information and make a profit.