SEC charges two former Wall Street bankers over $18.5 million insider trading scheme

AI Summary Two former Wall Street investment bankers were charged with fraud by the SEC on Friday following their stock trades in South Jersey Industries prior to the company’s February 24, 2022 takeover announcement. According to the lawsuit, Mr. Satsky, aged 59, was one of the heads of an energy and utility banking unit at the New... fulltext: 326 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/sec-charges-two-former-wall-street-bankers-over-18-5-million-insider-trading-scheme/ Source: CryptoPolitan