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…
Brazil’s currency seen trading in tight range ahead of election – Reuters poll
By Valentine Hilaire MEXICO CITY (Reuters) – Brazil’s currency is forecast to hover in a tight range in dollar-dominated trading this month as Brazilians prepare to vote in the Oct. 2 presidential…
Morgan Stanley orders internal lawyer to supervise block trading desk- FT
(Reuters) – Morgan Stanley has appointed an internal lawyer to shadow a unit of the bank subject to a federal probe into block trading, the Financial Times reported on Tuesday, citing people…
Moscow Exchange plans to resume evening stock trading in September
MOSCOW (Reuters) – Moscow Exchange plans to relaunch the evening session on its stock market in September, the head of its stock market department said on Thursday, as Russia’s largest bourse eyes…
Revolution Beauty to suspend stock trading on accounting concerns
(Reuters) – Revolution Beauty Group said on Friday trading in its shares will be suspended from Sept. 1 as the beauty products maker does not expect to release its 2022 results by…
Online Trading School Defrauded New Jersey Investors, Attorney General Alleges in Order
by NJ Attorney General Matt Platkin NEWARK – Acting Attorney General Matthew J. Platkin today announced that the New Jersey Bureau of Securities (“the Bureau”) issued a civil Summary Penalty and Cease…
Exclusive: Wall Street revives Russian bond trading after U.S. go-ahead
By Davide Barbuscia NEW YORK – Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days, according to bank documents seen by Reuters, giving investors…
Los Angeles Man Pleads Guilty to Insider Trading Conspiracy
ST. PAUL, Minn. – A Los Angeles man has pleaded guilty to his role in an insider trading conspiracy involving a medical device company’s nonpublic business acquisition deal. According to court documents,…
‘Market Crash’: Robinhood Announces More Layoffs As Crypto Trading Tanks
‘Market Crash’: Robinhood Announces More Layoffs As Crypto Trading Tanks John Hugh DeMastri on August 2, 2022 Robinhood, a major player in the retail investing market, will be laying off 23% of…
U.S. House Democrats to propose ban on stock trading in August – Punchbowl News
(Reuters) – U.S. House Democrats plan to announce a proposal next month to ban lawmakers, their spouses and senior staff from trading stocks, Punchbowl news outlet reported on Thursday, citing multiple sources…
Former U.S. congressman pleads not guilty to insider trading charges
NEW YORK – Former U.S. congressman Stephen Buyer pleaded not guilty in Manhattan federal court on Wednesday to insider trading charges over purchases of Sprint shares before the telecommunications company merged with…
District-Based Financial Services Professional Pleads Guilty to Federal Charge of Insider Trading
WASHINGTON – George Haywood, 69, of Washington, D.C., pleaded guilty today to one count of insider trading, announced U.S. Attorney Matthew M. Graves and Wayne A.…
District-Based Financial Services Professional Pleads Guilty to Federal Charge of Insider Trading
WASHINGTON – George Haywood, 69, of Washington, D.C., pleaded guilty today to one count of insider trading, announced U.S. Attorney Matthew M. Graves and Wayne A.…
U.S. Attorney Announces Charges In Four Separate Insider Trading Cases Against Nine Individuals, Including Former U.S. Congressman, Former FBI Agent Trainee, Tech Company Executives, And Former Investment Banker
Former U.S. Congressman Charged with Insider Trading Based on Inside Information Obtained from Consulting Work Former FBI Agent Trainee and Friend Charged with Insider Trading Based on Inside Information Stolen from the…
Morgan Stanley expands listed FX offering with Eurex trading
By Lucy Raitano LONDON – Morgan Stanley has expanded its presence in the growing listed foreign exchange derivatives space, announcing it is offering clients the option to trade listed FX through the…
Three Charged In First Ever Cryptocurrency Insider Trading Tipping Scheme
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 of Investigation…
Lake City Man Sentenced To Eleven Years In Federal Prison For Trading Child Sexual Abuse Material With His Brother
Jacksonville, Florida – Chief U.S. District Judge Timothy J. Corrigan has sentenced Dennis Dewayne Jackson (39, Lake City) to 11 years and 6 months in federal prison for receiving visual depictions of…
Japan govt to support trading firms’ stakes in Sakhalin-2- sources
By Yoshifumi Takemoto, Ritsuko Shimizu and Miho Uranaka TOKYO – The Japanese government plans to support Mitsui & Co and Mitsubishi Corp in their attempts to stay in the Sakhalin-2 oil and…
Intertech Trading Corp. Pleads Guilty to 14 Felonies for Failure to File Export Information on Shipments of Lab Equipment to Russia and Ukraine
CONCORD – Intertech Trading Corporation, an Atkinson, New Hampshire-based laboratory equipment distributor, pleaded guilty in federal court to 14 felony counts of failure to file export information…
Wall Street banks’ Q2 trading revenue likely to surge, softening blow from deal slump
By Saeed Azhar NEW YORK – A surge in trading revenue powered by volatile markets should partially offset a slump in M&A and equity and debt deals when Wall Street banks report…
Three Men Federally Indicted for Insider Trading, Securities Fraud
MINNEAPOLIS – Three men have been indicted for their roles in an insider trading conspiracy involving a medical device company’s nonpublic business acquisition deal. According to court documents, beginning in January 2018…
Apple’s Former Director of Corporate Law Admits Insider Trading
NEWARK, N.J. – The former corporate secretary and director of corporate law at Apple today admitted engaging in an insider trading scheme that spanned five years, Attorney for the United States Vikas…
Former top Apple lawyer pleads guilty to insider trading
By Jonathan Stempel (Reuters) – The former top corporate lawyer at Apple Inc pleaded guilty on Thursday to insider trading charges, for what prosecutors called a five-year scheme to trade ahead of…
Chinese tech giants vow to stop NFT secondary trading -state media
By Josh Ye HONG KONG – Chinese tech giants including Tencent Holdings and Ant Group have signed a pact to stop the secondary trading of digital collectibles and “self-regulate” their activities in…
Rhode Island Man Sentenced in Insider Trading Scheme
BOSTON – A Rhode Island man was sentenced today in federal court in Boston for trading on inside information about a Massachusetts company’s planned acquisition of a California semiconductor company. John Younis,…
UK proposes new trading system for developing countries
LONDON – British Prime Minister Boris Johnson will praise the benefits of free trade between Commonwealth countries on a visit to Rwanda on Thursday as he proposes a new system for boosting…
Breaking News
