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Goldman Sachs Bankers Charged with Insider Trader
Woojae "Steve" Jung and an unnamed co-conspirator have been charged with trading on material nonpublic information that Jung accessed while working at an investment bank, which appears to be Goldman Sachs based on FINRA records. So reports CNBC.
The Securities and Exchange Commission maintains that Jung made $140,000 from 2015 to 2017 by improperly trading in 12 different companies.
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