https://www.live-feeds.com/feed/sec-accuses-ex-bank-of-america-utilities-banker-of-insider-tradingContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/sec-accuses-ex-bank-of-america-utilities-banker-of-insider-tradinghttps://www.live-feeds.com/feed/sec-accuses-ex-bank-of-america-utilities-banker-of-insider-trading#u47383Mon, 24 Aug 2026 09:23:41 +0000The US Securities and Exchange Commission has sued a former senior Bank of America investment banker named Satsky for insider trading. The SEC alleges Satsky leaked a tip that resulted in $18.5 million in illicit profits. While some reports specify Satsky worked in utilities, the broader charges involve a scheme involving two former Wall Street bankers. The lawsuit seeks to address the illegal use of non-public information for financial gain.Why it mattersInsider trading charges against senior bank officials often trigger regulatory scrutiny of a firm's internal compliance controls. This