U.S. charges RBC analyst with insider trading ahead of client's merger

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

U.S. prosecutors on Monday criminally charged a junior analyst at RBC Capital Ma...

NEW YORK - U.S. prosecutors on Monday criminally charged a junior analyst at RBC Capital Markets with insider trading, saying he bought options in a digital printing company after learning it was in talks to be acquired by an RBC client.

Prosecutors said Tsai, of New York, misappropriated nonpublic information to more than triple his investment in Electronics for Imaging Inc over a three-week period. The U.S. Securities and Exchange Commission filed related civil charges. Tsai was accused of buying Electronics for Imaging call options after learning it was negotiating a takeover by private equity firm Siris Capital Group LLC, an RBC client.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Steve Mnuchin will want him over at Treasury.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker