Insider trading: From Analyst to FBI informant with Tom Hardin.
From BCG on Compliance by Boston Consulting Group
July 30, 2025 · 31 min · Season 3 · Episode 10
About this episode
Tom Hardin discusses his experience with insider trading and becoming an FBI informant.
Insider trading doesn’t always start with a grand plan. Sometimes it starts with a single decision made in isolation. In this episode, we talk to Tom Hardin, a former hedge fund analyst turned FBI informant, known in headlines as “Tipper X.” Tom opens up about his descent into insider trading, what it was like to wear a wire for the FBI and the personal and professional aftermath of becoming one of the most prolific cooperating witnesses in modern financial crime history. We explore how decisions made in isolation can quietly undermine compliance, and how culture, oversight, and mentorship can be the most powerful internal controls an organization has. About the Show: BCG on Compliance is a podcast from Boston Consulting Group that explores today’s most pressing criminal trends and how compliance experts are adapting to counter those threats. As financial crimes become increasingly sophisticated, compliance can no longer be just a checkbox. It’s emerged as a transformative force in every industry, reshaping practices in ethics, risk management, money laundering and cyber security. On BCG on Compliance , we dive deep into the extraordinary minds that are driving that change…
People in this episode
Host: Hanjo Seibert
Guest: Tom Hardin
Topics covered
- insider trading
- financial crime
- compliance
- ethics
- oversight
- mentorship
Keywords
- insider trading
- FBI informant
- Tipper X
- financial crime
- compliance
- ethics
- risk management
Mentioned in this episode
Organizations: Boston Consulting Group
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