From the Wall St Journal: U.S. securities regulators charged a former employee of Goldman Sachs Group Inc. with tipping off his father in the first insider-trading case related to the $1 trillion market in exchange-traded funds.
The Securities and Exchange Commission on Wednesday alleged Spencer D. Mindlin passed along to his father, Alfred, confidential information he learned while working on Goldman's exchange-traded-funds desk in New York.
The SEC says the younger Mr. Mindlin, 33 years old, and his accountant father, 68, reaped at least $57,000 in illicit profits….
Find out more at http://online.wsj.com/article/SB10001424053111903791504576584952443009940.html?mod=WSJ_business_whatsNews
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