ASIC Charges Two Traders for Insider Trading

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ASIC Charges Two Traders for Insider Trading

Postby kreslik.news » Sun Jun 05, 2016 6:58 am


Two Sydney-based traders have appeared in court charged with insider trading in two separate cases brought by the Australian Securities and Investment Commission (ASIC).

Prison Sentence

The first case involves Michael Hull, a Sydney-based trader, who was sentenced to 17 months imprisonment after pleading guilty to the charge.

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Hull had previously pleaded guilty to trading in the shares of Mac Services Ltd, Giralia Resources NL and Jabiru Metals Ltd while in possession of inside information between 8 September 2010 and ... (read more)

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