SEC charges Richmond Federal Reserve supervisor with insider trading

The SEC said Thompson used material nonpublic information to trade in stock and options of at least two publicly-traded banks within his supervisory portfolio.

The SEC has filed insider trading charges against Robert Brian Thompson, a long-time banking supervisor and examiner at the Federal Reserve Bank of Richmond, for allegedly using material nonpublic information to trade in stock and options of two publicly traded banks under his supervisory purview – New York Community Bancorp

According

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