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    SEC says files insider trading charges against Rajat Gupta
  • 26Oct

    (Reuters) - The U.S. Securities and Exchange Commission said in a statement on Wednesday that it has filed insider trading charges against former Goldman Sachs director and former global head of McKinsey & Co, Rajat Gupta.


    * US SEC says also brings new charges against Raj Rajaratnam.

    * US SEC says charges Gupta with insider trading for illegally tipping Rajaratnam while serving on Goldman, Procter & Gamble boards.

    * SEC says seeking financial penalties against Gupta, Rajaratnam; says seeking to bar Gupta from acting as officer or director of public company.

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