As the Galleon trial approaches the insider trading ring that that began with two Ropes and Gray associates and the Galleon investigation keep spawning insider trading cases. Two new SEC civil insider trading actions and a criminal case were filed. …
Month: January 2011
MERRILL SETTLES SEC CLAIMS
Merrill Lynch resolved claims that it misused customer order information, charged certain customers undisclosed trading fees and failed to maintain proper records. The firm consented to the entry of a cease and desist order and agreed to pay a $10 …