Stock trading ‘experts’ indicted in fraud
ALEXANDRIA, Va. — Two self-proclaimed stock trading experts who used infomercials and seminars in Honolulu and other cities to tout their abilities were indicted on federal fraud charges.
March 12, 2008
2:05 p.m.: CMC donor Day agrees to cooperate in SEC probe CLAREMONT - An investigation by the Securities and Exchange Commission into stock trading by Claremont McKenna College donor Robert Day will not affect Day's pledged $200 million gift to the college, his spokesman said today.
SEC reportedly may sue former stock trading chief
THE REGION Scott DeSano, former chief of stock trading at Fidelity Investments, was told by the Securities and Exchange Commission that he may be sued as part of its probe into gift-giving by brokers seeking business from Fidelity, a person familiar with the case said. The SEC sent DeSano a so-called Wells notice, signaling that its staff may recommend a
Japanese stocks advanced modestly Wednesday, led by companies like Olympus and Yahoo Japan. The benchmark Nikkei 225 index rose 41.41, or 0.25 percent, to finish at 16,653.00 points on the Tokyo Stock Exchange.
