Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Friday, June 14, 2024 | Back issues
Courthouse News Service Courthouse News Service

Securities Fraud

The SEC on Wednesday accused 18 traders, mostly based in China, of illegally making $31 million by manipulating thinly traded securities; in a parallel action, two traders, Jiali Wang and Xiaosong Wang, were criminally charged in Boston, the SEC said.

WASHINGTON — The SEC on Wednesday accused 18 traders, mostly based in China, of illegally making $31 million by manipulating thinly traded securities. In a parallel action, two traders, Jiali Wang and Xiaosong Wang, were criminally charged in Boston.

Categories / Criminal, Securities

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...