[JURIST] The US District Court for the Southern District of New York [official website] granted an emergency order Friday freezing the assets of traders operating in Hong Kong and Singapore. The Securities and Exchange Commission (SEC) [official website; press release] is accusing the brokers of insider trading related to the July 23 acquisition of Canadian oil firm Nexen by China-based CNOOC Limited [corporate websites]. The SEC complaint [complaint, PDF] alleges that the Hong Kong-based firm Well Advantage Limited and...

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