{"id":36017,"date":"2013-06-07T14:50:31","date_gmt":"2013-06-07T18:50:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=36017"},"modified":"2013-06-07T14:50:31","modified_gmt":"2013-06-07T18:50:31","slug":"traders-assets-frozen-by-u-s-court-after-smithfield-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2013\/traders-assets-frozen-by-u-s-court-after-smithfield-deal.html","title":{"rendered":"Trader&#8217;s Assets Frozen by U.S. Court After Smithfield Deal"},"content":{"rendered":"<p>Reuters &#8211; 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.<\/p>\n<p>The Securities and Exchange Commission said on Thursday [June 6] that\u00a0Badin Rungruangnavarat, 30, may have received the tip from a Facebook friend who once worked for Mr. Rungruangnavarat&#8217;s current employer. The agency said the friend is an associate director at a Thai investment bank that was advising a Shuanghui rival, Charoen Pokphand Foods Plc, which was also exploring a bid for Smithfield.<\/p>\n<p><a href=\"http:\/\/www.hedgeworld.com\/open_news\/read_newsletter_aa.cgi?section=dail&amp;story=dail22305.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; 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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-36017","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=36017"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36017\/revisions"}],"predecessor-version":[{"id":36019,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36017\/revisions\/36019"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=36017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=36017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=36017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}