February 13, 2017 BY Valentina Kirilova

SEC charges Chinese citizens who reaped massive profits from insider trading

The Securities and Exchange Commission (SEC) announced that it obtained an emergency court order freezing brokerage accounts holding more than $29 million in illegal profits from insider trading in advance of the April 2016 acquisition of DreamWorks Animation SKG, Inc. by Comcast Corp. The SEC alleges that in the weeks leading up to the news…

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