U.S. prosecutors on Monday criminally charged a junior analyst at RBC Capital Markets with insider trading, saying he bought options in a digital printing company after learning it was in talks to be acquired by an RBC client.
Bill Tsai, 23, who graduated last year from New York University’s Stern School of Business, was charged with one count of securities fraud, carrying a maximum 20-year prison term.
via RBC junior analyst charged with insider trading, a year out of business school | Financial Post.