The U.S. SEC sent requests to hedge funds and investment companies suspecting them of getting insider data, concerning downgrading the U.S. rating, is written in the Wall Street Journal with a reference to the unnamed source.
Though, the list of the organizations which received the request of the SEC is still unknown.
The committee considers that some market participants could have received illegal profit amid the stock market collapse, which followed the U.S. rating decline from AAA to AA+ by the agency S&P on August, 5. On the 8th of August Dow Jones declined by 5.5%.
On August, 9 the Daily Mail informed, that in July the unknown investor made a 850 million U.S. dollar stake on the U.S.A. losing the maximal credit rating. The publication stated that the profit which the unnamed financial experts had received, could have exceeded eight billion U.S. dollars.
FX.co ★ U.S.A. to suspect hedge funds of insider trading prior to rating downgrade
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