Financially Happy dot com: SEC alleges insider trading ahead of CNOOC-Nexen deal

Saturday, July 28, 2012

SEC alleges insider trading ahead of CNOOC-Nexen deal

SEC alleges insider trading ahead of CNOOC-Nexen deal: WASHINGTON, July 28 – The US securities regulator filed a complaint in court yesterday against a firm controlled by a Chinese billionaire and other traders, accusing them of making over US$13 million from insider trading ahead of a bid by China’s CNOOC for Canadian oil company Nexen Inc. The Securities and Exchange Commission said the federal ...

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Saturday, July 28, 2012

SEC alleges insider trading ahead of CNOOC-Nexen deal

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