Credit Suisse Brazilian Insider Trading Case Settled

By: Ainsley Brown Credit Suisse has agreed to settle allegations of insider trading in Brazil for R$19.2 million. The fine is the second largest, after the Banco Safra case of 2007, levied on a company by the Securities and Exchange Commission of Brazil – Commissão de Valores Mobiliários (CVM). The offer to settle is substantially more than Credit Suisse’s original

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