video transcript

As C insider trading trial of Galley and hedge fund founder Raj -- Iraq now wrapped up prosecutors came on strong. Accusing any one time billionaire of wanting to quote. -- the stock market at the expense of the law. -- -- accused of making more than 63 million dollars using secret information. Prosecutors replayed excerpts of don't have -- -- Russia -- received tips just seconds before trades were made. Trial watchers say the evidence will be tough to dispute securities attorney Robert time. Now if I had to handicap it I would say the prosecutors to a little bit better of the job and defense and they had a lot of evidence so I'd have to say. All and likelihood that he would be convicted. The 63 year old Russia Iran announced that expressionless in the courtroom surrounded by lawyers and friends. His attorneys have essentially argued it was his -- stellar research that led to the high returns. There's testimony that employees of the firm -- to arrive at 7 in the morning. And basically spent all day researching corporations. And the defense's theory was it was that's sort of researcher public information. That led him to trade and not the tips from insiders that prosecutors alleged. The case is being called the biggest insider trading case ever. Regardless of the outcome Wall Street has been put on notice. By the government's. Insider trading is once again at the top of their priority list in terms of prosecutions. And it's really put Wall Street on notice that they have to really beef up their compliance programs. And making sure that their employees are not engaging in any sort of illegal trading activity and the case is definitely done that it's generate a lot of publicity and Wall Street firms of release set up and take notice. -- -- and faces up to 25 years in jail. By the rebel Reuters.