SEC Unveils Charges in Insider Trading Ring

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The U.S. Securities and Exchange Commission announced on Tuesday charges in an international insider trading ring that involved employees at Goldman Sachs Group Inc. and Merrill Lynch and Co. Inc.


The SEC said the schemes yielded at least $6.7 million in illicit gains and were orchestrated by Eugene Plotkin, a Goldman Sachs research analyst, and David Pajcin, a former Goldman Sachs employee.


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