{"id":42914,"date":"2014-07-07T08:17:12","date_gmt":"2014-07-07T12:17:12","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42914"},"modified":"2014-07-07T08:17:12","modified_gmt":"2014-07-07T12:17:12","slug":"sec-urges-judge-to-find-texas-tycoon-wyly-liable-for-insider-trading","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2014\/sec-urges-judge-to-find-texas-tycoon-wyly-liable-for-insider-trading.html","title":{"rendered":"SEC urges judge to find Texas tycoon Wyly liable for insider trading"},"content":{"rendered":"<p>Reuters &#8211; The U.S. Securities and Exchange Commission on Wednesday [July 2] urged a judge to find Texas tycoon Sam Wyly and his late brother, Charles, liable for insider trading, after a jury found they committed fraud by using offshore trusts to hide stock sales.<\/p>\n<p>Lawyers for the SEC told U.S. District Judge Shira Scheindlin in Manhattan the Wylys executed $40 million worth of swap transactions involving shares of Sterling Software after privately deciding to sell the company in 1999.<\/p>\n<p><a href=\"http:\/\/www.hedgeworld.com\/open_news\/read_newsletter_aa.cgi?section=dail&amp;story=dail23622.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; The U.S. Securities and Exchange Commission on Wednesday [July 2] urged a judge to find Texas tycoon Sam Wyly and his late brother, Charles, liable for insider trading, after a jury found they committed fraud by using offshore [&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-42914","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42914","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=42914"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42914\/revisions"}],"predecessor-version":[{"id":42915,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42914\/revisions\/42915"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}