Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

2016 SEC Trial Scorecard Update: Agency Remains Undefeated After Two Trials

Bruce Carton | January 14, 2016

Since 2014, I have been tracking the SEC's trials and the results in each case (FY 2014 results here; FY 2015 results here). On Wednesday, January 14, 2016, a jury in the U.S. District Court for the Eastern District of Pennsylvania returned a verdict in favor of the SEC in the agency's second federal court trial of FY 2016 (which began on October 1, 2015).

In the case of SEC v. Bonan Huang, et al., which the SEC filed in January 2015, the SEC alleged that Nan Huang traded on inside information that he illegally obtained from his employer, Capital One Financial Corporation. Specifically, the SEC alleged that Nan...
Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.