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WASHINGTON — Federal regulators on Thursday filed insider-trading charges against six people they say worked for an expert-networking firm and passed on confidential corporate information to investors.
Expert networks connect analysts and experts with investors seeking information. They are playing a growing role on Wall Street.
The Securities and Exchange Commission announced the civil charges against the six, accusing them of passing tips to hedge funds and other investors that enabled them to make about $6 million in illegal profits.
