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The US Securities and Exchange Commission has charged Jason Satsky, a former senior investment banker at Bank of America, with insider trading. Regulators claim he provided confidential merger information to a longtime associate, enabling illicit profits exceeding $18 million.
Malaysia's Court of Appeal has unanimously upheld a RM5.83 million insider trading judgment against former WCT Bhd deputy managing director Goh Chin Liong and Ara Holdings director Leong Ah Chai, reinforcing regulatory enforcement in the capital market.
The founder of Abu Dhabi-based AppliedAI has pleaded guilty to participating in a wide-ranging insider trading scheme involving attorneys at prominent law firms who leaked confidential information about mergers to traders.