Ex-Nasdaq Worker Charged With Insider Trading by Swedish Police

Ex-Nasdaq Worker Charged With Insider Trading by Swedish Police

A former employee at the Nasdaq Inc. stock exchange in Stockholm has been charged with serious insider trading offenses by Swedish police, alongside three other suspects.

The man was supposed to monitor suspicious trading on the Nasdaq Stockholm Stock Exchange. Instead, he is suspected of passing information on to related parties – who made several million kronor in profit. Now four people are being charged with serious insider trading, the Swedish Economic Crime Authority announces.

At the time of the incident, the main suspect held a significant position in the market surveillance department of the Stockholm Stock Exchange.

Former Judge in Japan Sentenced for Insider Trading

The former judge used his authority while seconded to the FSA to learn important facts about tender offers and then buy shares before the offers were made public. To continue reading... Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation…

On the 26th, the Tokyo District Court sentenced former judge Soichiro Sato (32), who was charged with violating the Financial Instruments and Exchange Act for insider trading while on secondment to the Financial Services Agency, to two years in prison, suspended for four years.