Expert-Networking Firm Employee Charged

Summary


NEW YORK - Federal authorities formally launched a fresh assault on those who facilitate insider trading on Wall Street Wednesday with the arrest of an employee of an expert-networking firm that supplied market intelligence to hedge funds.

Authorities allege that Don Ching Trang Chu, of Somerset, N.J., enabled the flow of secrets between publicly traded companies and those who trade their securities.

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Extract


Expert-Networking Firm Employee Charged

The arrest appeared to be a new wrinkle in the ever expanding federal probe of insider trading on Wall Street. Authorities...

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