Home UPDATE 1-Two Hong Kong firms to pay $11 mln to settle SEC insider trading charges
 

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UPDATE 1-Two Hong Kong firms to pay $11 mln to settle SEC insider trading charges

2014-01-28 13:40:31| Oil & Gas - Topix.net

Two Hong Kong asset management firms have agreed to pay $10.9 million to settle charges by the U.S. Securities and Exchange Commission of insider trading ahead of a bid by China's CNOOC for Canadian oil company Nexen Inc. The proposed accord, disclosed in a court filing Monday, would add to the more than $18 million the U.S. securities regulator ... (more)

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