The Securities and Exchange Commission has charged a Brooklyn man with facilitating a $5.6 million insider trading scheme that typically involved the passing of illegal tips via napkins or post-it notes at Grand Central Terminal.
Before market moving deals are made, information often seeps out, to the benefit of a few individuals, finds a new study.
The OSC is asking Ontario to give law enforcement the power to use wiretaps to catch insider trading, the Toronto Star reports.
A law clerk and a Morgan Stanley trader have been charged with insider trading, in a plot that involved passing information through messengers.
The Securities and Exchange Commission has announced charges against the former director of internal audit at a Chicago-based health care information technology company for insider trading ahead of the release of its financial results and making more than a quarter-million dollars in illicit profits.
Two brothers in Brazil have agreed to pay nearly $5 million to settle charges that they were behind suspicious trading in call options for H.J. Heinz Company
The Securities and Exchange Commission has announced insider trading charges against a former systems administrator at Vermont-based Green Mountain Coffee Roasters who repeatedly obtained quarterly earnings data and traded in advance of its public release. The SEC also charged his friend who illegally traded along with him.
The Securities and Exchange Commission today charged a former high-ranking official at Madrid-based Banco Santander S.A. and a former judge in Spain with insider trading based on non-public information about a proposed acquisition for which the Spanish investment bank was acting as an advisor.
The Securities and Exchange Commission has charged the tipper of confidential information to a S.A.C. Capital portfolio manager who has been charged with insider trading.
The Securities and Exchange Commission has charged the former CEO of a Houston-based investor relations firm with insider trading.