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The SEC is alleging that the pair traded on nonpublic information and the father used golf terminology to disguise allegedly illegal conduct.
The SEC has charged a father-son team with conducting “a serial insider trading scheme,” in which the son tipped off his father about lucrative merger and acquisition deals and the father communicated the information to a trader using golf terminology, officials say. The SEC alleges that Sean R. Stewart, an employee at Perella Weinberg Partners,...
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