ASIC alleges that between January 2012 and February 2016, 41-year-old Steven Oakes gained unauthorised access to inside information from the private network of a Melbourne-based financial publisher, with the intention of using this information to engage in insider trading.
The inside information consisted of recommendations to buy particular shares that were about to be published in stock recommendation reports, ASIC said in a statement on Monday.
‘Enforcement 40’ for 2020
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