Sydney fund manager charged with insider trading in Platinum shares

Sydney fund manager charged with insider trading in Platinum shares

The corporate regulator has alleged that Rodney Forrest purchased a $2.6 million stake in the investment firm last year while holding insider information.

Investment manager pleads guilty to insider trading of Platinum shares

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me Sydney investment manager Rodney Forrest has pleaded guilty to two counts of insider trading in relation to the trading of $2.6 million in shares of funds manager Platinum Asset Management while in position of inside information about a takeover offer. Subscribe to Lawyerly to access this article.Already a subscriber? Username or Ema…

Former Investment Manager Pleads Guilty in Platinum Asset Management Insider Trading Case

Rodney Forrest reportedly admitted to two counts of insider trading between August and September 2024 before Sydney’s Local Court on Tuesday.  ASIC alleges he acquired about $2.6 million worth of Platinum shares while in possession of confidential information relating to a takeover offer and procured others to make similar trades. ASIC further alleges Forrest operated a financial services business without an Australian Financial Services licence…