Skip to content
  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
wikifx

wikifx

  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
  • Toggle search form
  • FCA unveils arrangements for orderly LIBOR wind-down at end-2021 forex news
  • ten major factors to consider while choosing a broker for in South Africa forex news
  • CFTC and 27 state regulators take action against Safeguard Metals for $68M fraud forex news
  • SmartStream partners with Acadia on automating collateral interest payments forex news
  • TP ICAP adds Jane Street and Virtu as liquidity providers for crypto platform forex news
  • Mor Weizer joins TTB Partners’ bid for Playtech forex news
  • Questrade launches QuestMobile app forex news
  • Saxo Bank launches new version of OpenAPI forex news

SEC charges family with insider trading in The Trade Desk stock

Posted on 2021-11-24 By admin No Comments on SEC charges family with insider trading in The Trade Desk stock

The United States Securities and Exchange Commission (SEC) charged New Jersey residents Carol E. Cohen and her son, Austin Rotter, with insider trading in the stock of The Trade Desk, Inc.

The SEC’s complaint alleges that Cohen, a retired school teacher, purchased shares of The Trade Desk on the basis of material, non-public information she obtained from her son in advance of the company’s positive second-quarter earnings report. Rotter allegedly obtained The Trade Desk’s advance earnings information in the summer of 2018 through his job at an outside public relations firm for The Trade Desk.

According to the complaint, Rotter violated confidentiality agreements that prohibited him from using or disclosing The Trade Desk’s financial information and made a series of phone calls to his mother prior to the announcement. Cohen allegedly purchased $86,000 worth of shares of The Trade Desk following the phone calls with her son and sold them shortly after the company’s share price increased 37% following the public announcement of the earnings results, netting $45,646.03 in illicit profits.

The SEC’s complaint, filed in federal court in Manhattan, charges Cohen and Rotter with violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Without admitting or denying the complaint’s allegations, Cohen and Rotter agreed to the entry of a final judgment that would enjoin them from violations of the charged provisions and would impose civil penalties of $91,292.06 against Cohen, and of $45,646.03 against Rotter.

The proposed settlement is subject to court approval.

forex news Tags:forex-news

Post navigation

Previous Post: FINRA fines StoneX for failures related to customer limit orders
Next Post: Marex Solutions, Coinbase Prime team up on crypto derivatives

Related Posts

  • i2c partners with Visa to enhance installment solutions for issuers forex news
  • Credit Suisse appoints Christine Graeff, Rafael Lorenzo to Exec Board forex news
  • Refinitiv introduces USD IBOR Cash Fallbacks prototype forex news
  • Beware! Financial.org is a Non-Licensed Broker forex news
  • Self-proclaimed “successful” Forex trader admits wire fraud forex news
  • University professors back Citi as it challenges $900M payment error ruling forex news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • EUR/USD Holds Near 1.05 as Fed, ECB Policies Shape Market Sentiment
  • Gold Prices Hold Steady Amid Global Economic Uncertainty
  • Australian Dollar: How RBA Policies, Commodity Prices, and Global Tensions Are Shaping the AUD’s Market Performance
  • EUR/USD: Understanding the Currency Pair’s Trends
  • USD Under Pressure: Navigating Economic Data and Global Uncertainties

TAG

Axiory Review 2022 B2B B2Broker News Basic Forex Knowledge broker brokers brokers in the UK Brokersview Broker tools CFDs coin News cryptocurrency Cryptocurrency News Crypto News dogecoin FCA news finance forex forex-news Forex Broker Forex Brokers Forex Demo Account Forex market forex news forex scams forex time Forex trading fx fxtrader fxtrading Global Forex Gold Analysis HotForex InstaForex LiteForex Review 2022 markets work MT4 MT5 news OctaFX Review Samtrade FX South Africa trade Forex traders Trading Forex
  • CFTC, Lighthouse Futures reach settlement in solicitation fraud lawsuit forex news
  • Jason Warnick sells 20,000 shares in Robinhood Markets forex news
  • Texas Commissioner stops cryptocurrency mining scam Wireless Management forex news
  • Moscow Exchange welcomes Indian investors forex news
  • TP ICAP to present new remuneration policy forex news
  • 24 Exchange receives Bermuda license, begins spot crypto trading forex news
  • TradeStation adds Micro Treasury Yield futures from CME to offering forex news
  • USGFX bankruptcy final hearing to be held October 28-29 forex news

Copyright © 2025 wikifx.

Powered by PressBook News WordPress theme