U.S. SEC pursuing “significant” insider cases – source
U.S. SEC pursuing “significant” insider cases-source WASHINGTON, Oct 19 (Reuters) – U.S. securities regulators are pursuing “significant” insider trading cases involving financial professionals, a source familiar with the matter said on Monday.
US SEC, CFTC push for tougher enforcement laws
By Charles Abbott and Rachelle Younglai WASHINGTON, Oct 16 (Reuters) – U.S. securities and futures regulators asked Congress on Friday for more authority to police their markets, including legislation to help rein in insider trading in the commodity futures markets.
COLUMN – UK rulings narrows “accepted practice” loophole for traders
– John Kemp is a Reuters columnist. The views expressed are his own – By John Kemp LONDON, Oct 12 (Reuters) – The UK Financial Services Authority (FSA)’s decision to censure two Dresdner Kleinwort traders for trading while in possession of inside information about a forthcoming issue of floating rate notes by Barclays has implications that go far beyond the offence of trading ahead of a formal announcement. By censuring the traders, the FSA is attempting to establish a precedent about how it will deal with the defence of “accepted market practice” in future, restricting it significantly, in a move that will force a wider re-examination of entrenched practices across the financial markets in London.
HK reappoints top insider-trading buster for 3 yrs
HONG KONG, Sept 24 (Reuters) – Hong Kong has reappointed the chief enforcement officer of its financial sector watchdog for an additional three years, underscoring the city’s recent determination to stamp out insider trading. (more…)
Saudi bourse’s jail action seen too little, too late
By Souhail Karam RIYADH, Aug 24 (Reuters) – Saudi Arabia’s move to issue a jail sentence in absentia for insider trading does little to improve transparency on the Arab world’s biggest bourse and may have come too late to prevent further abuses, analysts said on Monday.
Saudi court gives first jail term for stock market violation
By Souhail Karam RIYADH, Aug 18 (Reuters) – A Saudi financial court has taken the unprecedented step of slapping a jail sentence on a violator of stock market rules, after the chairman of Bishah Agricultural Development Co was found guilty of insider trading.
-
Author Profile
-
