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French authorities over the past three years have observed a growing interplay between individuals suspected of buying non-public corporate information and criminal organizations overloaded with cash to launder, a top regulator warned lawmakers in Paris on Thursday. Marie-Anne Barbat-Layani, head of France's financial market supervisor, AMF, told a parliamentary panel that the crime of insider trading, usually understood as an individual deed, has transformed over the past decade into an organized system that regularly benefits drug traffickers and get-rich-quick scammers. "These [insider-trading] networks have become money laundering channels," said Barbat-Layani, who explained that the schemes begin with "tip brokers" paying...