CHICAGO (MarketWatch) — A former managing director at Morgan Stanley Asia was arrested and charged with nine counts of insider trading for his dealings in the shares of a public company prior to the announcement of an acquisition. Du Jun was arrested at the Hong Kong airport Friday after arriving from Beijing. He was arraigned in front of a magistrate but offered no plea. Du was freed after posting bail but had to surrender his passport and was ordered not to leave Hong Kong and report to the police twice a month. More
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July 12th, 2008 at 3:12 pm
[…] FxHq Articles wrote an interesting post today onHere’s a quick excerptCHICAGO (MarketWatch) — A former managing director at Morgan Stanley Asia was arrested and charged with nine counts of insider trading for his dealings in the shares of a public company prior… [[ This is a content summary only. Visit my website for full links, other content, and more! ]] […]