Traders Settle SEC Hack Suit For Less Than Alleged Wins

By Dave Simpson ( November 5, 2020, 11:09 PM EST) -- Two men accused of raking in nearly $2 million off trades made using information gained by a hacker's infiltration of the U. S. Securities and Exchange Commission's EDGAR electronic filing system have agreed to pay a combined $425,000 to escape the agency's civil suit, the SEC said in New Jersey federal court Thursday. . . .

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