Canadian Asset Manager Charged With $3.6 Million Scheme Frontrunning His Firm’s Trades
A Canadian trader named Sean Wygovsky was charged with insider trading by a federal court in New York on Friday. Wygovsky is alleged to have reaped $3.6 million by stealing confidential information to front-run his firm’s trades.
The firm wasn’t identified by the government or by Bloomberg, who reported the charges on Friday.