Tag: SEC

SEC Settles FCPA Charges With Two Former Telecom Executives

Two former executives of Hungarian telecom firm Magyar Telecom settled FCPA charges with the SEC shortly prior to the commencement of their trial. Former CEO Elek Straub, and former Director of Central Strategic Organization Andras Balogh, agreed to pay penalties

Posted in SECActions Tagged with: ,

The SEC, Insider Trading and Prosecutorial Obligations

Proving a close personal relationship between a corporate insider and a trader can be key to establishing illegal tipping. The relationship can support a claim by the SEC or the DOJ that the inside information was transmitted by the insider

Posted in SECActions Tagged with: ,