Sec Charges Goldman Sachs Asset Management For Failing To Follow Its Policies And Procedures Involving Esg Investments
In response to investor demand, advisers like Goldman Sachs Asset Management are increasingly branding and marketing their funds and strategies as ESG, said Sanjay Wadhwa, Deputy Director of the SECs Division of Enforcement and head of its Climate and ESG Task Force. When they do, they must es
Ex-Sac Analyst Settles Insider-Trading Allegations
Like several others before him at SAC Capital and its affiliates, Dennis violated the insider-trading laws when he exploited confidential information about public companies, the SECs Sanjay Wadhwa said. His actions have cost him the privilege of working in the hedge fund industry ever again.
Sec Penalizes Level Global Investors For Insider Trading
Banking Business Review
SEC New York regional office senior associate director Sanjay Wadhwa said that the insider trading at Level Global was not a single incident, rather it happened again and again, and involved multiple companies and several quarterly announcements.
Rajaratnam Associate To Pay Sec Insider Fine
"Chellam was entrusted with sensitive company information that he divulged to Rajaratnam knowing full well that Rajaratnam would trade on it," said Sanjay Wadhwa, associate director of the SEC's New York regional office, in a statement.
Hedge Fund Manager Bo Brownstein Pleads Guilty In Insider-Trading Scheme
This case is further evidence of the pervasive nature of insider trading by hedge funds, and a sobering reminder that such conduct is not limited to the immediate vicinity of Wall Street, Sanjay Wadhwa, associate director of the SECs New York office, said in a statement.
Sec Charges Caroline Ellison And Gary Wang With Defrauding Investors In Crypto Asset Trading Platform Ftx
. Bankman-Fried and Ms. Ellison to artificially prop up the value of FTT, which served as collateral for undisclosed loans that Alameda took out from FTX pursuant to its undisclosed, and virtually unlimited, line of credit," said Sanjay Wadhwa, Deputy Director of the SECs Division of Enforcement. "
Sec Accuses Two Of Illegal Herbalife Trades On Ackman Bet
Szymik and Peixoto chose to engage in illicit tipping andtrading in advance of the announcement of market-movinginformation, and today they are being held accountable for thoseoffenses, said Sanjay Wadhwa, senior associate director of theSECs New York office.
Analyst Charged With Tipping Sac Trader
"Rather than rely on legitimate research methods, Aggarwal obtained confidential information from a close friend at Microsoft and passed it along to Lee knowing that he would likely trade on it," Sanjay Wadhwa, an official with the Securities and Exchange Commission in New York, said in a statement.
Sec Freezes Swiss Account Over Heinz Trades
Wall Street Journal
"Despite the obvious logistical challenges of investigating trades involving offshore accounts, we moved swiftly to locate and freeze the assets of these suspicious traders, who now have to make an appearance in court to explain their trading if they want their assets unfrozen," said Sanjay Wadhwa,
Sec: Hong Kong Billionaire's Trading Firm Used Inside Info To Profit On Cnooc ...
Well Advantage and these other traders engaged in an all-too-familiar pattern of misusing inside information to place extremely timely trades and profit handsomely from their illegal acts, said the SECs Sanjay Wadhwa. Despite the challenges of investigating misconduct in the U.S. by trading acco
Sec Charges Former Executives At Phoenix Reit With Improper Accounting
We allege that these senior executives conjured up numbers to purposely conceal ARCPs true performance, misleadingly suggesting that the company had met AFFO estimates for the first and second quarters of the year, said Sanjay Wadhwa, senior associate director of the SECs New York office.
Sec Charges Four With Insider Trading Ahead Of Secondary Offerings
We allege an insider trading scheme based on a short-selling business model designed to systematically profit on confidential information obtained under false pretenses, said Sanjay Wadhwa, Senior Associate Director for Enforcement in the SECs New York Regional Office. But the defendants short
Brothers Fined $5M In Heinz Insider Trading Case
"Rodrigo and Michel Terpins obtained confidential information prior to any public awareness that a Heinz deal was in the works, and they exploited it to the disadvantage of all other traders in the marketplace," said Sanjay Wadhwa, senior associate enforcement director of the SEC's New York office.
Former Akamai Executive Charged By Sec In Rajaratnam Insider Trading Case
Wall Street Journal
"Taylor's willing misuse of information about Akamai's financial situation otherwise unknown to the rest of the investing public made him just another cog in the sprawling Rajaratnam insider trading machine," said Sanjay Wadhwa, senior associate director for enforcement in the SEC's New York regiona
Level Global To Pay $21.5M Fine To Settle Sec Insider Trading Charges
"The insider trading at Level Global was hardly an isolated event -- it occurred repeatedly, and involved multiple companies and multiple quarterly announcements," said Sanjay Wadhwa, senior associate director of the SEC's New York Regional Office, in prepared comments. "This settlement serves as an
Fbi Probes Suspected Insider Trading In Hj Heinz Buyout
traders assets on Friday, even though it could not determine their identities. Speed was of the essence because the agency did not want the traders to cash in on the deal until the agency completed its investigation, said Sanjay Wadhwa, senior associate director at the SECs New York regional office.
Nyse Penalized By Sec For Giving Head Start On Trading Data
The NYSE chose ground-shipping for sending market data tothe consolidated feed but used next-day air for its payingcustomers, Sanjay Wadhwa, deputy chief of the SECs marketabuse unit, said in an interview.
Us Regulators Claim Insider Trading In Nexen Deal
The traders "engaged in an all-too-familiar pattern of misusing inside information to place extremely timely trades and profit handsomely from their illegal acts," said Sanjay Wadhwa, deputy chief of the SEC Enforcement Division's Market Abuse Unit.
Hedge Fund Ceo Admits $2.5M Inside Trade Scheme
The Associated Press
Sanjay Wadhwa, deputy chief of the Securities and Exchange Commission's enforcement division's market abuse unit, said the case was "further evidence of the pervasive nature of insider trading by hedge funds, and a sobering reminder that such conduct is not limited to the immediate vicinity of Wall