SEC Probes Alleged Insider Trades That Cost Susquehanna - Bloomberg.com
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- SEC is probing alleged insider trades that cost Susquehanna, per Bloomberg's report on the investigation
- Susquehanna alleges insiders made $100 million trading ahead of a China brokerage crackdown and has won a court order to freeze accounts and subpoena brokers in the alleged scheme
Why it matters: Susquehanna is pursuing both a court order to freeze accounts and an SEC probe into the alleged $100 million insider-trading scheme tied to a China brokerage crackdown, stacking legal and regulatory pressure on the suspected traders.
