Two SEC EDGAR Employees Charged with Insider Trading

Reported about 14 hours ago

Two employees of the SEC’s EDGAR public filing system, Justin Chen and Jun Zhen, were charged with insider trading after allegedly earning over $1 million by trading stocks based on non-public information about mergers and partnerships. They were arrested while attempting to flee to Hong Kong and face charges carrying up to 25 years in prison.

Source: YAHOO

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