Skip to Primary Navigation

SEC roundup: misleading disclosures, multiple frauds and misappropriated funds

People walk by the New York Stock Exchange.
Photo: Getty Images

Insider trading, audit failure and the shut down of a crypto trading platform among charges laid by the SEC at the end of March.

Hedge fund trader and broker-dealer partner caught in multi-million SPAC insider trading scheme – March 30

Sean Wygovsky and Christopher Matthaei have both been charged with insider trading for using non-public information about at least seven merger announcements involving Special Purpose Acquisition Companies (SPACs). They are said to have gained more than