SEC, DOJ charge 21 in scheme that netted millions in illicit trading profits
The Securities and Exchange Commission charged 21 individuals Wednesday in connection with a decade-long insider trading scheme that the agency alleges generated millions of dollars in illicit profits using confidential information misappropriated from multiple global law firms.
SEC, DOJ charge 21 in scheme that netted millions in illicit trading profits The Securities and Exchange Commission has charged 21 individuals for their involvement in a decade-long insider trading scheme. The agency alleges that these individuals obtained millions of dollars in illicit profits. This was achieved by misappropriating confidential information from several global law firms.
- 21 individuals charged by the Securities and Exchange Commission.
- Scheme lasted for a decade.
- Millions of dollars in illicit profits were allegedly generated.
- Confidential information was misappropriated from multiple global law firms.
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