UBS Exec Seeks Extension To Answer SEC Charges

Law360, New York (May 18, 2007, 12:00 AM EDT) -- A Wall Street executive charged by regulators with involvement in a multimillion-dollar insider trading ring has asked a court for more time to respond to the allegations.

Mitchel Guttenberg, executive director and institutional client manager at UBS, filed a request with the U.S. District Court for the Southern District of New York Thursday to extend the deadline for answering allegations in the U.S. Securities and Exchange Commission’s civil suit.

Guttenberg is one of 14 defendants accused by the SEC of trading on stolen information from UBS...
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