sec.gov - 11/2/2009
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The Securities and Exchange Commission today charged the former chief financial officer of a San Francisco private investment firm and six of his relatives and friends with insider trading, alleging that their scheme collectively reaped more than $8 million in illicit profits from unlawful ...
sec.gov - 11/5/2009
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sec.gov —
The Securities and Exchange Commission today charged a
pair of lawyers for tipping inside information in exchange...
for kickbacks as well as six Wall Street traders and a proprietary trading firm involved in a $20 million insider trading scheme.
(more)
SEC Charges Wall Street Lawyers and Traders in $20 ...
creditwritedowns.com - 27 days ago
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creditwritedowns.com —
For those of interested in seeing more robust
and knowledgeable regulators in government service, the recent news...
that Rick Bookstaber is joining the SEC is quite welcome. While I disagree vigorously with much of recent economic policy, I view the ...
(more)
Rick Bookstaber to join SEC
securitiesdocket.com - 11/2/2009
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securitiesdocket.com —
On Friday, the SEC charged the former CFO
of a San Francisco private equity firm and six...
of his relatives and friends with insider trading. The SEC alleged that the defendants collectively made more than $8 million in illicit profits from trades based on inside information. The SEC alleges ...
(more)
SEC Brings Insider Trading Case Against Former CFO of ...
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Former Fund Exec Charged With Insider Trades
DealBook —
... 19 percent in 2008, many investors have demanded more data from hedge funds to try and eliminate any whiff of potential problems. Two analysts said ValueAct’s ongoing communication with investors about the Yee case and the fact that the S.E.C. has not implicated the firm in any way will likely calm clients’ nerves and prevent them from pulling money out hastily. ValueAct owns roughly 3.5 million shares of ThomsonReuters. Go to Article from Reuters via The New York Times » Go to Press Release from the S.E.C. » Go to Press Release from ValueAct via Reuters »
SEC Brings Insider Trading Case Against Former CFO of Private Equity Firm
Securities Docket —
On Friday, the SEC charged the former CFO of a San Francisco private equity firm and six of his relatives and friends with insider trading. The SEC alleged that the defendants collectively made more than $8 million in illicit profits from trades based on inside information.
The SEC alleges that Chen Tang obtained nonpublic information as the CFO of a private equity fund and from illegal tips by his brother-in-law, who was the CFO of a venture capital fund. In 2008, the agency claims, Tang learned confidential information about a pending surprise preannouncement that Tempur would not meet its earnings forecast, and ...
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