Insider trading

Tag: Insider trading

Rambler appeals against $8,500 fine imposed by Central Bank

Rambler Internet Holding has filed an appeal against a 500,000-ruble fine (about $8,500) imposed on the company by the Central Bank of Russia for refusal to provide user information.

13:56 11.08.2017

US SEC obtains $2.5 mln default judgment against Russians for insider trading

A US federal court in New York City has entered judgments against three Russian citizens implicated in a massive insider trading scheme since mid-October.

14:33 14.02.2013

Insider information laws need simplifying - regulator

The provisions of the law on inside information have been regulated and need to be simplified, Dmitry Pankin, head of the Federal Service for Financial Markets, told journalists at the Organisation for Economic Co-operation and Development (OECD) conference.

13:10 25.10.2012

Wall Street exec gets 2 years for insider trading

Former Goldman Sachs Director Rajat Gupta was sentenced to two years in United States federal prison Wednesday, after being convicted of supplying confidential information to a jailed hedge fund boss.

09:57 25.10.2012

Insiders in Russia to incur criminal liability

The law establishing criminal liability for the unlawful use of insider information was adopted in Russia two years ago. Law No. 224-FZ has conferred heightened responsibility on the courts and has given broader powers to the Federal Service for Financial Markets (FSFM). Insiders may be held criminally liable as of 2013, although how well the law will work remains to be seen.

16:34 20.06.2012