SEC Probes Alleged Insider Trades That Hurt Susquehanna
Bloomberg 2026-07-02 00:11:50
Context: The US Securities and Exchange Commission (SEC) is investigating allegations of insider trading that reportedly cost Susquehanna International Group millions of dollars. The probe centers around options bets made ahead of a recent Chinese regulatory crackdown on cross-border brokerages.
Key Facts
- The SEC is looking into Susquehanna International Group’s allegations that unknown insider traders made $100 million on options bets ahead of a recent Chinese regulatory crackdown on cross-border brokerages.
- The alleged insider trades were made by unknown individuals, with no specific names or entities disclosed in the report.
- The investigation was revealed by a person familiar with the matter, indicating that the SEC is actively probing the claims made by Susquehanna International Group.