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ASIC sentences ex-Macquarie fund manager for insider trading

Australian Securities and Investments Commission (ASIC) has announced that for the second time within the past three months, a fund manager has been sentenced to a significant term of imprisonment for insider trading involving ‘front-running’ the trades of his employer. Oswyn Indra de Silva, 37, a resident of Kuala Lumpur, Malaysia, has been sentenced by the Supreme Court of New…

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