SEC Uses Data Analysis Tools in Three Insider Trading Cases
Each action originated from the SEC Enforcement Division’s Market Abuse Unit’s (MAU) Analysis and Detection Center.
Source: tradersmagazine.com
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Each action originated from the SEC Enforcement Division’s Market Abuse Unit’s (MAU) Analysis and Detection Center.
The SEC's complaint, filed in federal court in Manhattan, alleges that Glassner, a long-time consultant to Kadmon, learned about Kadmon's impending acquisition by global biopharmaceutical company Sanofi S.A. in the course of his engagement to provide acquisition-related consulting services to Kadmon. According to the SEC's complaint, Glassner, within...