Insider Trading News
From profit to penalty: The perils of trading in your employer’s stock
Delve into the complex world of insider trading and discover how to stay on the right side of the law. Know the rules, avoid the risks.
5 min read6 Aug 2024Sebi proposes to widen scope of ‘Connected Person’ in Insider Trading regulation
Sebi’s proposed changes aim to include relatives and other close associates of connected persons to ensure comprehensive regulation, without increasing compliance requirements. Public comments on the consultation paper are invited by August 18.
2 min read29 Jul 2024Nuveen Insider Trader Ordered to Pay $38 Million to TIAA-CREF
Former Nuveen LLC trader Lawrence Billimek, who was sentenced last month to nearly six years in prison for insider trading, was additionally hit with an order to pay Nuveen parent TIAA-CREF more than $38 million in restitution.
1 min read21 Jun 2024Nuveen Insider Trader Deserves Nearly Six Years, US Says
Former Nuveen LLC trader Lawrence Billimek should spend almost six years behind bars for front-running his employer’s trades to make $47 million in illegal profits, federal prosecutors said, while the firm itself is demanding he repay it more than $38 million.
2 min read15 May 2024SEC Wins Trial in Novel ‘Shadow’ Insider Trading Crackdown
The US Securities and Exchange Commission won a jury verdict in its ground-breaking insider-trading case that seeks to bar employees from using non-public information about their own company to place bets on rival stocks.
2 min read6 Apr 2024Investor in Trump SPAC to Change Plea in Insider Trading Case
One of the three investors charged with insider trading in connection with the listing vehicle that took Donald Trump’s media company public intends to change his not-guilty plea in the case less than a month before a federal court trial is set to begin.
1 min read2 Apr 2024The SEC’s Latest Insider-Trading Theory
The agency rewrites the law to invent a new offense: ‘shadow trading.’
3 min read28 Feb 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
US Presidential Election 2020
US Election 2020: Catch all the latest news and updates related to US Presidential Elections 2020 results on mint.