Ex-analysts settle SEC insider trading case

Reuters
Saturday, July 5, 2008 0:00 am

WASHINGTON –– A former Morgan Stanley financial analyst and her husband, an ex-hedge fun

d analyst at ING Group, have settled insider trading charges, the U.S. Securities and Exchange Commission said Thursday.

Jennifer Wang and Ruopian Chen have agreed to jointly pay US$784,829 in disgorgement and interest, and to each pay a US$50,000 penalty, the agency said. Wang and Chen pleaded guilty to related criminal charges in September. They were each sentenced to 18 months in prison.

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Ex-analysts settle SEC insider trading case

ReutersSaturday, July 5, 2008 0:00 am

Reuters
Saturday, July 5, 2008 0:00 am