March 29, 2013
A Chinese businessman and his wife have agreed to pay $3.3 million to settle U.S. Securities and Exchange Commission allegations of insider trading connected to China National Offshore Oil Co. Ltd.'s acquisition of Nexen Inc., the agency said Friday.
October 18, 2012
A Chinese firm has agreed to pay $14 million to settle a U.S. Securities and Exchange Commission suit alleging it traded on inside information about China National Offshore Oil Co. Ltd.'s proposal to buy Canada-based Nexen Inc., the agency said Thursday.