Danielle Chiesi, the hedge fund trader who pleaded guilty this year to charges of insider trading, agreed to pay $540,535 to settle a related civil action brought by the Securities and Exchange Commission. Her payment includes $500,000 of improper gains and $40,535 of interest. Ms. Chiesi, a central figure in the prosecution of Raj Rajaratnam, is scheduled to be sentenced in Federal District Court in Manhattan on July 20.
Article source: http://feeds.nytimes.com/click.phdo?i=cf7e1e3523e92ec6bf65fd6e4523290a
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