Tuesday, May 8, 2007

SEC charges Hong Kong couple over Dow Jones trades

(Reuters) - The U.S. Securities and Exchange Commission said Kan King Wong and Charlotte Ka On Wong Leung "engaged in widespread and unlawful trading activity" that put them in a position to make an estimated $8.1 million profit on Dow Jones shares.

The SEC and the New York state attorney general have been investigating unusual trading in Dow Jones' stock and options before the buyout offer was announced on May 1.


Read more at Reuters.com Business News

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