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SEC Goes After Online Trading Firms That Unwittingly Helped Latvian Hacker

In an effort to crack down on hacker/stock traders who hijack brokerage accounts and exploit the stock market for gain, the Securities and Exchange Commission has, in a novel move, gone after four online trading companies and eight executives who they say helped a Latvian hacker make more than $850,000 from fraudulent trades.

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Online gaming firm 888's full-year revenue up 26 percent

(Reuters) - British online gaming company 888 Holdings saw its full-year revenue grow 26 percent as the number of customers gambling on its websites grew, and the company said strong current trading continues into the first quarter. Cash-strapped Britons are staying at home more, watching TV and gambling online, updates from consumer-facing companies showed, as fears grow that the UK will slip ...

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OCBC stock trading site down

SINGAPORE: OCBC customers were unable to carry out stock trading services at the bank's online platform, iOCBC on Thursday morning.

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STOCK Act: House Considering Insider Trading Bill After Senate Passage

WASHINGTON -- With members of Congress convinced their political survival depends on their image, the House is wasting no time in considering a Senate-passed bill that would ban insider trading by lawmakers and thousands of executive branch officials. Stock trades would have to be posted online within 30 days.

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Editorial: STOCK Act would link Congress to fair trades - Tue, 07 Feb 2012 PST

The U.S. House of Representatives takes up the STOCK Act this week. Members should make short work of a bill that was propelled out of the Senate on a 96-3 vote. The Stop Trading on Congressional Knowledge Act has been on a fast track since a Nov. 13 “60 Minutes” segment based on the work of conservative Peter Schweizer, author of “Throw Them All Out.” The exposé, which suggested House Speaker ...

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UPDATE 1-Online gaming firm 888's full-year rev up 26 pct

* Full-year rev up 26 pct to $331 million * Says strong current trading continues into Q1 Feb 6 (Reuters) - British online gaming company 888Holdings saw its full-year revenue grow 26 percent asthe number ...

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Online gaming firm 888's full-year rev up 26 pct

REUTERS - British online gaming company 888 Holdings saw its full-year revenue grow 26 percent as the number of customers gambling on its websites grew, and the company said strong current trading continues into the first quarter. Cash-strapped Britons are staying at home more, watching TV and gambling online, updates from consumer-facing companies showed, as fears grow that the UK will slip ...

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