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Dow Jones Director Faces SEC Charges

Law360 (July 19, 2007, 12:00 AM EDT) -- A director on the Dow Jones & Co. board has been put on notice by the U.S. Securities and Exchange Commission for possible civil charges in connection with an SEC insider trading investigation relating to a $5 billion bid for Dow Jones & Co. from Rupert Murdoch's News Corp.

The Bank of East Asia Ltd. said that its chairman and chief executive David Li had received a Wells notice, which signals that the SEC is considering a civil enforcement action against the Dow Jones director. Recipients...
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