us charges exgoldman employee with insider trading
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

US charges ex-Goldman employee with insider trading

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice US charges ex-Goldman employee with insider trading

Goldman Sachs Manhattan headquarters
New York - AFP

US securities regulators have filed charges against an ex-Goldman Sachs information technology employee who allegedly made more than $460,000 in illegal insider trades before fleeing to China, officials announced Wednesday.

Yue Han, 30, pocketed the money after trading stock options on four companies advised by Goldman investment bankers on impending buyout offers, according to charges filed Tuesday by the US Securities and Exchange Commission (SEC).

Shares of the four companies -- Yodlee, Zulily, Rentrak and KLA-Tencor -- jumped when takeovers were announced.

Han gained access to bankers' email accounts because his job entailed developing surveillance software designed to monitor other employees for misconduct such as insider trading.

Han, a Chinese national, worked at Goldman from December 2014 to October 2015. He left New York City on October 22 for Shanghai, where he is believed to reside, the SEC said.

"We allege that Han's employer gave him access to confidential information so that he could help the firm detect and deter illegal activity, but he betrayed that trust by using the information for his own profit," said Joseph Sansone, co-chief of the SEC enforcement division's market-abuse unit.

The SEC said it had obtained a federal court order freezing assets linked to Han.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us charges exgoldman employee with insider trading us charges exgoldman employee with insider trading

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us charges exgoldman employee with insider trading us charges exgoldman employee with insider trading

 



GMT 10:18 2016 Wednesday ,23 March

cartoon eight

GMT 10:21 2016 Wednesday ,23 March

cartoon eleven

GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 05:04 2017 Sunday ,06 August

PM chairs investment board meeting

GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 08:26 2018 Wednesday ,24 January

World powers meet to pressure Syria on chemical attacks

GMT 08:50 2017 Thursday ,28 December

Saudi-led strikes on Yemen market kills 14 civilians

GMT 05:47 2017 Thursday ,16 November

US giant CBS completes takeover

GMT 12:30 2017 Monday ,15 May

Replacement of old water pipelines in Ajman

GMT 04:15 2018 Saturday ,20 January

After storm, trains resume limited service in Germany

GMT 04:00 2017 Thursday ,03 August

ERC honours Sharjah Electricity and Water Authority

GMT 15:13 2016 Friday ,11 November

Bahrain weather forecast
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice