LOS ANGELES: Fraser Communications CEO Renee White Fraser will pay $91,530 to settle federal charges of insider trading of a client's stock.
The Securities and Exchange Commission charged Fraser with making insider trades based on nonpublic information she received from client East West Bancorp ahead of its acquisition of another bank, according to SEC documents.
Fraser agreed to settle the charges without admitting or denying the allegations, the SEC said. She also agreed to a permanent ban from serving as ...