The Securities & Exchange Commission has launched an investigation into what it suspects to be dubious trading in Apple, according to reports.
Internet newspaper The Huffington Post reports that four separate rounds of trading in Apple stock has been called into question. It is believed that the SEC is now probing various brokerages to uncover more on the issue.
Apple and the SEC have so far declined to comment on the matter. Anonymous Wall Street sources allegedly told The Huffington Post that the investigation will overlook suspected illegal trading involving three particular Apple-related developments.
More as it comes through.
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