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Showing 31 - 40 of 126 results for "Insider trading"

Index manager, friend charged for insider trading

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
A senior index manager and his friend were charged for insider trading by the Securities and Exchange Commission for reaping over US$900,000 in illegal profits off trades made with prior knowledge of stocks that would be added to or deleted from an ...

Former analyst gets three year sentence

KANIKA SOOD  |  MONDAY, 14 SEP 2020
... investment analyst from Maple-Brown Abbott was sentenced to three years' imprisonment, after pleading guilty to insider trading in Big Un shares. Michael Ming Jinn Ho will serve the three years via an intensive correction order (aka a sentence served ...

ASIC quietly granted new access to phone taps

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... including various types of criminal offending, including Corporations Act criminal offence provisions prohibiting insider trading, market manipulation, and in the financial services context - false or misleading statements (s1041E), inducing persons ...

Magellan to use BasisCode for trading compliance

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
... provider of its personal trading system. Magellan will implement BasisCode's Essential, Personal Trading Manager and Insider Trading Manager products. The ASX-listed fund manager is BasisCode's first client in Asia Pacific. BasisCode Essentials provides ...

US senators in alleged COVID-19 insider trading

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2020
A US senator who is married to the chair of the New York Stock Exchange is being accused of insider trading, having offloaded millions in stocks following private briefings on the likely impact of COVID-19 in late January. She is one of several senators ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... ASIC's full breadth of jurisdiction. ASIC said the investigations related to directors' and officers' breaches, insider trading and market manipulation, auditor and liquidator breaches, and breaches of licensing obligations, including Australian financial ...

Analyst guilty of insider trading

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
A former analyst at Maple Brown Abbott has pleaded guilty to five counts of insider trading. Michael Ho entered the guilty plea in Downing Center Local Court in relation to the purchase and sale of Big Un shares and options between 18 July 2016 and ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... in February 2016 alleging the company owed him $2.6 million. GBST filed a counterclaim alleging Lake engaged in insider trading of the company's shares. The counterclaim also alleged that lake caused one of its subsidiary companies (GBST Hong Kong Limited) ...

Insider trading rife among company directors: ANU

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
Research conducted by the Australian National University suggests insider trading by company directors and associated trading on the Australian Security Exchange is "rife". The research examined trades made by company directors after positive and negative ...

Australian equity markets remain clean: ASIC

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... high degree of integrity". Measuring the period from 1 November 2015 to 31 October 2018, the report focused on insider trading and information leaks ahead of material, price-sensitive announcements as its measure of cleanliness. The report builds on ...