SEC Begins Investigation Of ABN Amro, Fortis

Law360, New York (January 23, 2008, 12:00 AM EST) -- The U.S. Securities and Exchange Commission is reportedly investigating ABN Amro Holding NV and Fortis NV in relation to possible insider trading of ABN shares at the time of the Dutch bank's takeover battle.

Both Fortis and ABN Amro confirmed Wednesday that the SEC had served them with a request for information, Dow Jones reported.

The matter was first reported on by the newspaper Het Financieele Dagblad, which, citing unnamed sources, said the SEC also wants information from the other banks involved in the takeover battle,...
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