U.S. Securities And Exchange Commission Levies Charges Against ‘Insider Traders’ Who Generated Millions In Profits

SEC Uncovers Wide-Reaching Insider Trading Scheme The Securities and Exchange Commission today 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,…