Sentences with phrase «in 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.

Not exact matches

«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.»

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

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.

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.

Manhattan U.S. Attorney Preet Bharara, whose office is engaged in a broad crackdown on insider trading, called the nine - year sentence «well - suited to the audacity of the illegal trading in this case.»

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.

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.

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.

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,...

Those with insider knowledge of Government decisions — able to place trades minutes, hours, or days before anyone else with that information in hand — have an unfair (hmmm, might one say illegal) advantage on Wall Street.

In Libby's case, he was convicted for perjury before a grand jury, not revealing CIA agent Valerie Plame's identity; in Stewart's case, she was convicted for obstruction of justice, not insider trading; and now, Bonds has been indicted for perjury, and not illegal use of narcotics or steroidIn Libby's case, he was convicted for perjury before a grand jury, not revealing CIA agent Valerie Plame's identity; in Stewart's case, she was convicted for obstruction of justice, not insider trading; and now, Bonds has been indicted for perjury, and not illegal use of narcotics or steroidin Stewart's case, she was convicted for obstruction of justice, not insider trading; and now, Bonds has been indicted for perjury, and not illegal use of narcotics or steroids.

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.

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 OSC alleges Bay Street lawyer Mitchell Finkelstein co-operated with Paul Azeff and Korin Bobrow while they worked at CIBC World Markets Inc. to «engage in an illegal insider tipping and trading scheme over the course of a three - year period from November 2004 to August 2007.»

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.

If indeed it is illegal to insider trade in crypto (it's illegal to wash trade — IE: drive up the prices by buying and selling at your own ridiculous prices to basically create a market where you can make tons of cash), this is really bad, but also very weird.