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SEC freezes trader's assets amid Smithfield insider-trading probe
2013-06-06 23:35:51| Food - Topix.net
U.S. regulators have obtained a court order freezing the assets of a Thailand-based trader, saying he reaped $3.2 million in illegal profits after getting a tip ahead of the announcement that a Chinese meat company was buying Smithfield Foods Inc. The Securities and Exchange Commission said on Thursday that Badin Rungruangnavarat, 30, may have ... (more)
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