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Category Archives: Insider Trading

Law Firm Partner and Neighbor Charged in $1 Million Insider Trading Scheme

(HedgeCo.Net) The Securities and Exchange Commission has 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. […]

SEC Charges Former Head Traders at Nomura With Fraud

(HedgeCo.Net) The Securities and Exchange Commission today charged a pair of former head traders who ran the commercial mortgage-backed securities (CMBS) desk at Nomura Securities International Inc. with deliberately lying to customers in order to inflate the profits of the […]

Whistleblower Award of More Than Half-Million Dollars for Company Insider

(HedgeCo.Net) The Securities and Exchange Commission today announced that a company insider has earned a whistleblower award of more than $500,000 for reporting information that prompted an SEC investigation into well-hidden misconduct that resulted in an SEC enforcement action. “This […]

Executives Charged in Connection With Accounting Failures at Government Contractor

(HedgeCo.Net) The Securities and Exchange Commission today announced charges against two former executives at a government contractor that was the subject of an SEC enforcement action earlier this year and paid a $1.6 million penalty for accounting failures. The SEC […]

Investment Bank VP Charged With Insider Trading

(HedgeCo.Net) The Securities and Exchange Commission today charged a vice president in the risk management department of a New York-based investment bank with insider trading on confidential information he learned in advance of a private equity firm’s acquisition of a […]

SEC Charges Firms Involved in Layering, Manipulation Schemes

(HedgeCo.Net) The Securities and Exchange Commission has announced fraud charges against a Ukraine-based trading firm accused of manipulating the U.S. markets hundreds of thousands of times and the New York-based brokerage firm and CEO who allegedly helped make it possible. […]

SEC Halts Fraud Targeting Seniors

(HedgeCo.Net) The Securities and Exchange Commission has announced an emergency asset freeze and temporary restraining order against a Chicago-based investment adviser and his financial management company accused of scamming elderly investors out of millions of dollars. The SEC alleges that […]

Auditor Charged With Insider Trading on Client’s Nonpublic Information

(HedgeCo.Net) The Securities and Exchange Commission has announced that an auditor based in the Silicon Valley has agreed to settle charges that he traded on inside information about a client on the verge of a merger.The SEC’s order finds that […]

Pastor Charged With Defrauding Retirees

(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze obtained against a Michigan-based pastor accused of exploiting church members, retirees, and laid-off auto workers who were misled to believe they were investing in a […]

SEC Halts Boiler Room Scheme Involving State Lottery Tickets

(HedgeCo.Net) The Securities and Exchange Commission has announced charges against a Florida-based company, its CEO, and its top sales agent accused of conducting a boiler room scheme that solicits investments in a business purportedly facilitating online and cell phone sales […]

Overseas Traders Paying Back All Profits in Insider Trading Case

(HedgeCo.Net) The Securities and Exchange Commission today announced that three Peruvian traders have agreed to settle a pending case alleging that they traded on nonpublic information prior to the merger of two mining companies. The SEC filed its complaint in […]

Auditor Charged With Insider Trading on Client’s Nonpublic Information

(HedgeCo.Net) An auditor based in the Silicon Valley has agreed to settle charges that he traded on inside information about a client on the verge of a merger. The SEC’s order finds that through his work at an independent audit […]

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