Sentences with phrase «illegal insider trading»

The Securities and Exchange Commission and the Department of Justice have both charged Jun Ying, a former CIO at data broker Equifax, with engaging in illegal insider trading after he determined that his employer had suffered a massive breach.

Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.

Illegal insider trading generally refers to insider buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.

The SEC defines illegal insider trading as: -LSB-...] buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material,...

In early 1987, the SEC conducted numerous investigations of illegal insider trading, which created a wary stance among many investors.

Unfortunately for Buffett, Sokol's purchases smell like illegal insider trades.

The elder investment bankers are appalled that younger members of the fraternity who are already making $ 1 million a year, such as the convicted insider trader Dennis Levine of Drexel Burnham Lambert, are trying to make even more through illegal insider trading.

Recent headlines (including the indictment last year of a Columbia University scientist charged with disclosing confidential clinical trial results to a hedge fund, in breach of his consulting contract with the trial sponsor) demonstrate the danger of disclosing confidential information to an outside company, especially when the information might be used in connection with illegal insider trading.

The Securities and Exchange Commission last year accused Charles andSam Wylyof reaping $ 550 million from illegal insider trading over a 13 - year period.

The Supreme Court of Canada said Thursday that it will not hear appeals in two notable securities cases, one involving a proposed securities class action against BP and another involving a provincial securities commission enforcement action for illegal insider trading.

The Statement of Allegations references but does not name executives at a foreign brokerage and certain Canadian investors that the regulator clearly believes engaged in illegal insider trading themselves.

«Illegal insider trading is rampant and may even be on the rise,» Preet Bharara, the Manhattan U.S. Attorney, said in an October speech.

Illegal insider trading is, roughly, trading on material nonpublic information that is disclosed to you «in breach of a fiduciary duty or other relationship of trust and confidence.»

Democrats are asking whether Rep. Chris Collins» involvement in an Australian biotech firm amounts to illegal insider trading, but congressional ethics experts doubt that his colleagues on the House Ethics Committee will find anything untoward.

The SEC defines illegal insider trading as follows: Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or...

David Hodgetts knew he was doing something outside the norm in his tax - free savings account when he got a call from a bank official asking if he was party to illegal insider trading.

But if you stopped the president and talked to him, and he told you that he had just made a profitable deal with Y, and you buy stock in X, that would be illegal insider trading.

A corrupt claimant was able to recover funds he had handed over to perpetrate an illegal insider trading scam in Patel v Mirza [2014] EWCA Civ 1047, [2015] 1 All ER 326.

But the Panel in Finkelstein emphasized that it could draw inferences based on circumstantial evidence, and that this kind of evidence could be sufficient to ground a finding that illegal insider trading and tipping occurred.