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

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