简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:According to the SEC’s complaint, filed on September 27, 2024, in the U.S. District Court for the District of New Jersey, Westbrook engaged in this activity between January 2019 and August 2020.
According to the SECs complaint, filed on September 27, 2024, in the U.S. District Court for the District of New Jersey, Westbrook engaged in this activity between January 2019 and August 2020. He reportedly reset passwords of senior executives to gain unauthorized access to the companies' computer systems, allowing him to obtain sensitive information before at least 14 earnings announcements.
The Securities and Exchange Commission (SEC) has filed charges against Robert B. Westbrook, a UK citizen, for hacking into the systems of five U.S. public companies to acquire material nonpublic information about their corporate earnings. This unlawful access allowed Westbrook to profit approximately $3.75 million by trading on insider knowledge before the companies announced their earnings.
The SEC has charged Westbrook with violating the antifraud provisions of the Securities Exchange Act of 1934. The agency seeks a final judgment that would impose civil penalties, require Westbrook to return his illicit gains with interest and prevent him from committing future violations of federal securities laws. This case highlights ongoing efforts by regulatory authorities to combat insider trading and protect the integrity of financial markets.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The 2024 U.S. presidential election is garnering significant global attention. The policies of candidates Trump and Harris differ substantially, potentially leading to varied impacts on the U.S. stock market. This article analyzes the risks and opportunities their policies may bring to various industries and asset classes.
J.P. Morgan triumphs with five top Euromoney awards, recognizing its role as a leader in FX trading with innovative solutions and global market reach.
In this article, we will talk about the key points a trader or investor must remember during the US Election. We’ll particularly talk about the don’ts. Let's start.
The U.S. Treasury's use of AI for fraud detection leads to a significant increase in recovery, reaching $1 billion in fiscal 2024, thanks to machine learning.