Tag: insider trading

insider trading
September 07, 2017 BY LeapRate Staff

Amazon employee and college frat brother charged with Insider Trading ahead of AMZN results

The U.S. Securities and Exchange Commission today announced insider trading charges against a former Amazon.com, Inc. (NASDAQ:AMZN) financial analyst who allegedly leaked confidential information to his former fraternity brother in advance of a company earnings announcement so they could turn an illegal profit. The college friend and his trading partner also are charged in the…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
August 17, 2017 BY Valentina Kirilova

SEC uncovers wide-reaching insider trading scheme

The Securities and Exchange Commission (SEC) announced insider trading charges against seven individuals who generated millions in profits by trading on confidential information about dozens of impending mergers and acquisitions. Data analysis allowed the SEC’s enforcement staff to uncover the illicit trading despite the traders’ alleged use of shell companies, code words, and an encrypted,…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
May 12, 2017 BY Valentina Kirilova

SEC charges law firm partner in $1 million insider trading scheme

The Securities and Exchange Commission (SEC) charged a former partner at an international law firm and his neighbor with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC alleges that Walter C. Little accessed confidential documents on his law firm’s internal computer network related to at least 11…

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April 25, 2017 BY LeapRate Staff

Nomura Securities risk management VP charged with insider trading

The U.S. Securities and Exchange Commission today charged a vice president in the risk management department of the Nomura Securities investment banking division of Nomura Holdings Inc. (ADR) (NYSE:NMR) with insider trading on confidential information he learned in advance of a private equity firm’s acquisition of a publicly-traded technology company. The SEC alleges that New…

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April 14, 2017 BY LeapRate Staff

SEC freezes assets of two foreign brokers in Insider Trader sting

The U.S. Securities and Exchange Commission has announced an emergency court order to freeze assets in two brokerage accounts used last week to reap more than $1 million in alleged insider trading profits in connection with a merger announcement by telecommunications companies. According to the SEC’s complaint filed in U.S. District Court for the Southern…

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