Former Swiss Bank Chief Sanctioned for Insider Trading (1) (Bloomberg Law)
A Swiss bank’s former chief executive officer has been sanctioned by the country’s financial regulator for insider trading in his wife’s name and for what Finma called other “serious breaches of supervisory law.” The man executed the trades of shares of a separately listed company using his wife’s account at other lenders for several years, violating his bank’s internal directives, Finma said Friday in a statement. The identities of the bank and its ex-CEO weren’t disclosed, as is often the case in Switzerland.
The HTLF President and CEO of Heartland Financial USA (NASDAQ: HTLF) is Buying Shares (Analyst Ratings)
Yesterday, the HTLF President and CEO of Heartland Financial USA (HTLF), Bruce Lee, bought shares of HTLF for $219.2K. Following this transaction Bruce Lee’s holding in the company was increased by 11% to a total of $2.26 million. In addition to Bruce Lee, 7 other HTLF executives reported Buy trades in the last month.
Western Digital Corp (WDC) President and COO Michael D Cordano Sold $1 million of Shares (Guru Focus)
President and COO of Western Digital Corp., Michael D Cordano, sold 14,706 shares of WDC on 01/23/2020 at an average price of $70.8 a share. The total sale was $1 million. Western Digital Corp is the global leader in the hard disk drive market. It develops, manufactures, and provides data storage solutions that enable consumers to create, manage, experience and preserve digital content.
A Director at Rocky Mountain Chocolate Factory (NASDAQ: RMCF) is Selling Shares (Analyst Ratings)
Yesterday, a Director at Rocky Mountain Chocolate Factory (RMCF), Franklin Crail, sold shares of RMCF for $35.59K. In addition to Franklin Crail, 3 other RMCF executives reported Sell trades in the last month.
Democrats To Push Obstruction Charge (ABC14News.com)
Property Democrats in President Trump’s impeachment trial will consider to make the circumstance Friday that he improperly obstructed Congress’ probe of his interactions with Ukraine in their remaining day of arguments just before the president’s lawyers just take up his defense to the prices. The seven Democratic administrators, led by Rep. Adam Schiff, a former federal prosecutor and chair of the Intelligence Committee, will try to make the circumstance to the GOP-led Senate — and the American community – that Trump is responsible of obstructing Congress for withholding important witnesses and documents from lawmakers.
SEBI Disposes of Insider Trading Case Against Individual in Pantaloon Retail India Scrip (MSN.com)
Capital markets regulator Sebi on January 24 disposed of a case of alleged insider trading in the scrip of Pantaloon Retail India Ltd (PRIL) against an individual. The firm is now known as Future Enterprises Ltd. Abhishek Jalan was alleged to have violated Prohibition of Insider Trading norms by allegedly trading on NSE in the scrip of PRIL DVR in the futures segment while in possession of unpublished price sensitive information on account of him being part of the senior management of the firm.
