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Browse: Home / 2009 / September / 18 / Hong Kong: Former Morgan Stanley Banker Gets 7 Years for Insider Trading

Hong Kong: Former Morgan Stanley Banker Gets 7 Years for Insider Trading

By Securities Docket on September 18, 2009, 11:48 am

hong-kong-flag230The number 7 is said to be a lucky number in Chinese culture, but that was not the case today in Hong Kong for former Morgan Stanley Managing Director Du Jun.

Du was sentenced to seven years in prison and fined HK$23.3 million ($3 million) for insider trading, the longest sentence he could have received.  Full details are available in this post on my Ebnforcement Action blog over at Compliance Week.

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Posted in Global | Tagged Hong Kong, Insider Trading, Sentencing

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