18.03.2013 Sigma Capital to settle SEC insider trading charges with $14m
Benedicte Gravrand, Opalesque Geneva: - The U.S. Securities and Exchange Commission (SEC) announced today (March, 15) that New York-based hedge fund advisory firm Sigma Capital Management had agreed to pay nearly $14m to settle charges that the firm had engaged in insider trading. Indeed the firm allegedly traded on early information obtained by one of the firm’s analysts about quarterly earnings
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