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U.S. SEC freezes brokerage accounts behind alleged insider trading

WASHINGTON, April 14 The Securities and Exchange Commission said on Friday it had frozen assets in two brokerage accounts used last week to reap more than $1 million in alleged insider trading profits in connection with a merger announcement by Liberty Interactive Corp and General Communication Inc .

The agency said in a statement the traders, currently unknown, allegedly used foreign brokerage accounts in Britain and Lebanon to purchase call option contracts through U.S.-based brokerages and on U.S.-based exchanges in the days leading up to the announcement of the acquisition.

Liberty Interactive announced a deal on April 4 that included the purchase of General Communication for $1.12 billion. (Reporting by Washington Newsroom; Editing by Chizu Nomiyama)

我们的标准: 汤森路透“信任原则

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