The Securities and Exchange Commission on Monday fined Greenwich, Conn.-based hedge fund Level Global Investors $21.5 million to settle charges that a co-founder and analyst at the firm allegedly engaged in "repeated insider trading" in the securities of Dell Inc. DELL 0.00% and Nvidia Corp. NVDA +1.16% . The settlement comes after the SEC filed insider trading charges in January 2012 against Level Global's co-founder Anthony Chiasson
Monday, April 29, 2013
Hedge fund fined $21.5 mln for insider trading
Hedge fund fined $21.5 mln for insider trading
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