Daily Archives: September 21, 2020, 4:05 pm

SEC Charges Index Manager and Friend With Insider Trading

The Securities and Exchange Commission today charged Yinghang “James” Yang, a senior index manager at a globally recognized index provider, and his friend Yuanbiao Chen, a manager at a sushi restaurant, with perpetrating an insider-trading scheme that generated more than $900,000 in illegal profits. The SEC’s complaint alleges that between June and October of 2019, Yang and Chen repeatedly purchased…

Read More