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SEC Brings Charges In Hacking Case

SEC Brings Charges in Hacking Case

Jan. 17, 2019

The Securities and Exchange Commission announced charges against nine defendants for participating in a previously disclosed scheme to hack into the agency’s EDGAR system, which is used by publicly listed companies.

The defendants allegedly sought to extract nonpublic information to use for illegal trading following a similar scheme in 2015 involving newswire services, for which they are also being charged.

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