Enforcement Roundup: Stock Scam by New Yorker Used to Pay for Vacation, Plastic Surgery
Meanwhile, Rajaratnam brother to pay more than $840,000 for insider trading.
Rengan Rajaratnam Cleared of Insider-Trading Conspiracy
Rengan Rajaratnam, the brother of Galleon Group co-founder Raj Rajaratnam, has been found not guilty.
SEC Enforcement: Fake Notre Dame Grad Charged With Fraud
In other enforcement actions, a biopharm exec, doctor and patient settled insider trading charges.
Canellos Departs SEC, Leaving Ceresney to Lead Enforcement
As was expected, the co-director of Enforcement will leave agency after 4 1/2 years, leaving Chairwoman White’s longtime lieutenant to lead the division.
SEC, FINRA Enforcement: Advisor to NFL, NBA Players Barred Amid Fraud Case
FINRA banned a former advisor to athletes, like Brandon Knight of the Detroit Pistons, after he skipped a hearing in an $18 million fraud case.
Top 10 Wall Street Crooks: Insider Trading
Using confidential information to make a mint is nothing new. Here are 10 that carried on that fine Wall Street tradition.
Enforcement Roundup: Barclays, Traders Fined $488M for Energy Market Manipulation
Among recent enforcement actions, the SEC fined Rajat Gupta $13.9 million for tipping off Raj Rajaratnam, and FERC fined Barclays and four of its former traders a combined $487.9 million for manipulating energy markets.
15 Best Finance Tweets of the Month: April
While gold plunged in April and Bitcoin took a wild ride, Sallie Krawcheck threw a punch in the battle of the sexes and Bill Gross opined on the pomp and pageantry of stock trading.
SEC Charges Raj Rajaratnam’s Brother With Insider Trading
Rajarengan “Rengan” Rajaratnam was charged by the SEC Thursday for his role in the massive Galleon insider trading scheme.
SEC Enforcement Roundup: CR Intrinsic Slapped With Record Insider Trading Fine
The SEC settlement by CR Intrinsic was for $600 million, the largest ever in an insider trading case; meanwhile, a financier was charged in a scam involving pre-IPO Facebook stock.