Senators Booker and Kim Slam Stock Trading Millionaire Politicians Like Mikie Sherrill, Call for Ban on Insider Trading in D.C.
Trenton, NJ – Senator Andy Kim publicly endorsed Congresswoman Mikie Sherrill for New Jersey governor, but this week, he posted a pointed criticism of elected officials who personally profit from stock trading…
Trading in big bond markets becomes challenging after bank rout – traders
By Yoruk Bahceli and Harry Robertson (Reuters) – Banking turmoil on both sides of the Atlantic prompting the sharpest daily moves in decades in big government bond markets has made it much…
BOJ expands measures on 10-year JGB trading to counter short sellers
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) said on Monday it will continue applying previously announced measures to the latest 10-year government bonds beyond April, to deter traders…
Ex-US congressman convicted of insider trading before T-Mobile merger
By Jody Godoy (Reuters) – Former U.S. Congressman Stephen Buyer was convicted by a New York jury on Friday of trading on inside information he learned in 2018 as a consultant to…
UK regulator launches probe into LME nickel trading halt
By Iain Withers and Eric Onstad LONDON (Reuters) -A British financial watchdog on Friday launched its first ever investigation of a UK exchange for possible misconduct after the London Metal Exchange’s decision…
Indonesia to scrap pandemic-era trading restrictions at end-March – regulator
JAKARTA (Reuters) – Indonesia’s financial services authority will ease some pandemic-era rules for the stock market, including on trading hours and short-selling, it said in a letter to investors. The agency known…
Russia’s Tinkoff bank to suspend trading in euros from Feb 27
(Reuters) – Russian online bank Tinkoff, run by TCS Group Holding, said on Sunday it would suspend trading in euros from Monday following the imposition of a further set of European Union…
Former Pharma Executive And Cousin Charged With Insider Trading Of Kodak Stock
Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director in Charge of the New York Field Office of the Federal Bureau…
Rise of near-term options trading carries risk of Volmageddon 2.0 -JPM’s Kolanovic
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The rise of trading in near-term U.S. equity options has the potential to deliver a volatility shock to markets, not unlike the “Volmageddon” crash…
Out of lockdown, Kmart pushes Australia’s Wesfarmers to higher profit
By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a post-lockdown rebound at its Kmart chain offset a sluggish performance from its…
CEO Of Cryptocurrency And Forex Trading Platform Pleads Guilty To Over $240 Million Scheme To Defraud Investors
Damian Williams, the United States Attorney for the Southern District of New York, announced today the guilty plea of EDDY ALEXANDRE, the leader of a purported cryptocurrency and foreign exchange (“forex”) trading…
Equinor raises energy trading forecast on volatility, flexibility
By Nora Buli LONDON (Reuters) – Norway’s Equinor raised its energy trading division’s outlook on Wednesday, saying it expects the business to profit from a more flexible asset portfolio and market volatility.…
U.S. Attorney Announces $1 Million Settlement Of Civil Fraud Lawsuit Against Trading Company For Underpaying Customs Duties On Imported Footwear
Damian Williams, the United States Attorney for the Southern District of New York, AnnMarie R. Highsmith, the Executive Assistant Commissioner for U.S. Customs and Border Protection’s (“CBP”) Office of Trade, Francis J.…
Goldman Sachs names banker in senior Americas trading role-memo
NEW YORK (Reuters) – Goldman Sachs Group Inc has named Benny Adler to lead the bank’s trading efforts on public capital market deals in the Americas, according to an internal memo seen…
China remains Germany’s main trading partner for seventh year
BERLIN (Reuters) – Trade between Germany and China rose to a record level last year, making the Asian country Germany’s most important trading partner for the seventh year in a row despite…
Former Coinbase Insider Pleads Guilty In First-Ever Cryptocurrency Insider Trading Case
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ISHAN WAHI, a former product manager at Coinbase Global, Inc. (“Coinbase”), pled guilty to two counts…
Perella Weinberg puts employee in insider trading probe on leave -sources
FRANKFURT (Reuters) – The advisory firm Perella Weinberg Partners has placed a London-based employee who is under investigation as part of an insider trading probe in Germany on leave, two people with…
S.Korea fines Citadel Securities for stock algorithm trading breaches
SEOUL (Reuters) – South Korea’s financial regulator has imposed a fine of 11.88 billion won ($9.66 million) on U.S.-based Citadel Securities, saying it disturbed the local stock market with high-frequency algorithm trading.…
Defendant Sentenced In Groundbreaking Cryptocurrency Insider Trading Case
Damian Williams, the United States Attorney for the Southern District of New York, announced today that NIKHIL WAHI was sentenced by U.S. District Judge Loretta A. Preska to 10 months in prison…
Moscow Exchange says 2022 trading volumes surpassed $14.4 trillion
By Elena Fabrichnaya MOSCOW (Reuters) -Trading volumes on Moscow Exchange, Russia’s largest bourse, surpassed 1 quadrillion roubles ($14.44 trillion) for the second year running, it said on Monday, in part due to…
China’s COVID surge hits Beijing trading floors, Shanghai finance hub
SHANGHAI (Reuters) – COVID-19 is sweeping through trading floors in Beijing and spreading fast in the financial hub of Shanghai, with illness and absence thinning already light trade and forcing regulators to…
Russia’s SPB Exchange plans to expand trading in Chinese shares
By Alexander Marrow MOSCOW (Reuters) – SPB Exchange plans to offer trading in more than 500 Hong Kong-listed Chinese shares in 2023 and expand to markets such as India, Brazil and South…
U.S. SEC votes to increase disclosures around trading plans by insiders
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to amend the Securities Exchange Act to expand disclosures around the trading of company shares by insiders, such as…
China calls US ‘destroyer’ of global trading system at WTO
By Emma Farge GENEVA (Reuters) – China accused Washington on Wednesday of using subsidies to prop up national industries and refusing to abide by the rules of the World Trade Organization. China’s…
‘Doing Bad Deals’: GOP Rep Who Served In Elite Army Unit Rips Biden Over Trading ‘Merchant Of Death’ For Griner
‘Doing Bad Deals’: GOP Rep Who Served In Elite Army Unit Rips Biden Over Trading ‘Merchant Of Death’ For Griner Harold Hutchison on December 8, 2022 A Republican congressman who served with…
California Executive Compensation Consultant Sentenced To Prison For Committing Insider Trading
Damian Williams, the United States Attorney for the Southern District of New York, announced that FRANK GLASSNER, a principal of an executive compensation consulting firm based in Novato, California (the “Consulting Firm”),…
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