The Securities and Exchange Commission (SEC) has charged a stockbroker and his friend with participating in an insider trading scheme to profit in advance of two major announcements out of a pharmaceutical company. The SEC alleges that Paul T. Rampoldi coordinated the insider trading with two other brokers at his firm as well as a then-IT executive…
Read moreMr. Pan will begin at the Commission on September 28th.
Read moreRobert Cohen and Joseph Sansone will succeed Daniel Hawke, the inaugural chief of the division.
Read moreCitigroup agreed to pay a $15 million penalty.
Read moreHackers, traders allegedly reaped more than $100 million of illegal profits
Read moreHawke, chief of the Division of Enforcement’s Market Abuse Unit and former Director of the Philadelphia Regional Office, will step down in August 2015.
Read moreThe US Securities and Exchange Commission (SEC) today suspended trading in four companies that claim to be developing products or services in response to the Ebola outbreak, citing a lack of publicly available information about the companies’ operations. The SEC simultaneously issued an investor alert warning about the potential for fraud in microcap companies purportedly…
Read moreThe Securities and Exchange Commission issued the following litigation release...
Read more