SEC employee illegally traded for himself, mom and friend — CNNMoney

On Tuesday, the government agency charged one of its own with securities fraud, claiming he made illegal trades in violation of ethics rules.

David Humphrey, 60, worked at the Securities and Exchange Commission between 1998 and 2014 and allegedly used his work computer to carry out trades for himself and on behalf of his mother and a childhood friend, according to the complaint.

via SEC employee illegally traded for himself, mom and friend – CNNMoney