SEC Charges Three with Insider Trading Around Equifax Data Breach Announcement
The penalty against normal everyday people like these people seems much stiffer than the penalties levied at sophisticated financial professionals. The traders operating hard-to-prove frauds with a &quot;nod and a wink&quot; approval from their supervisors at large banks and hedge funds always seem to be allowed to reap hundreds of millions of dollars in ill-gotten gains and if caught, give back only a tiny fraction of it, without even admitting guilt.