Home Business Overhearing Wife’s Office Call Causes Trouble To Husband As SEC Pleaded Him Guilty In Insider Trading According to the SEC, Loudon allegedly took advantage of his wife’s position as an M&A manager & misused confidential information to make profit by insider trading. Insider Trading (Credit- Pixabay) Mumbai: Listening to a wife’s office or … Read more
ST. PAUL, Minn. — An executive at a medical device company has been convicted in Minnesota of insider trading for a scheme involving negotiations for the acquisition of the firm that was valued at $1.6 billion, federal prosecutors said Tuesday. Doron Tavlin was a vice president for business development at the Minneapolis office of Mazor … Read more
NEW YORK — British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York. The 86-year-old businessman entered the plea in Manhattan federal court six months after he was charged in the case. He had been free on $300 million bail, … Read more
NEW DELHI: The Securities Appellate Tribunal (SAT) on Wednesday quashed markets regulator Sebi’s order banning Future Retail chairperson Kishore Biyani and some other promoters from the securities market for one year in an insider trading case.Dismissing the Sebi’s order, the appellate tribunal said that the entities did not trade in the shares of Future Retail … Read more
The Securities and Exchange Board of India(Sebi) has proposed to ease insider trading norms for senior management to trade in company shares. At present, key managerial personnel or insiders are allowed to trade, provided they are not in possession of unpublished price sensitive information(UPSI). The regulator said key managerial personnel (KMP) have a very small … Read more