SEC Settles Insider Case Based on Credit Card Sales Data | Compliance Week

The SEC announced a partial settlement today in an unusual insider trading case that it brought earlier this year against Bonan Huang and Nan Huang — two former employees in the fraud department at Capital One Financial Corp. The SEC alleges that the men made over $2.8 million in illegal profits by misappropriating credit card sales data on public companies.

via SEC Settles Insider Case Based on Credit Card Sales Data | Compliance Week