SEC Announces $2.8 Million Settlement in Recent Illegal Insider Trading Case

The Securities Exchange Commission announced this morning that Swiss trader, Helmut Anscheringer, agreed to settle the illegal trading charges for more than $2.8 million. The SEC investigation revealed that Mr. Anscheringer profited over $1.8 million from insider information regarding the Florida-based fingerprint sensor technology company, AuthenTec.  In 2012, Mr. Anscheringer learned from a longtime friend related to an… Read More