(Photo: Reuters/Mike Segar/Files)
Federal authorities charged a former J.P. Morgan Chase banking analyst and two friends with insider trading.
The Securities and Exchange Commission and the U.S. Department of Justice charged Ashish Aggarwal, who worked in the San Francisco office of J.P. Morgan (JPM), with illegally tipping his friends with secret information about pending mergers and acquisitions.
The SEC said that Aggarwal, Shahriyar Bolandian and Kevan Sadigh made $672,000 from the insider trades.
The original article can be found at money.cnn.com