Business

A recent complaint filed by the the US Securities and Exchange Commission at a New York federal court is requesting a temporary freeze on US naturalized citizen Luis Chang or the company he has control over, Everbright Development Overseas Ltd, as the investor has fled to China on market manipulation charges relating to a fake bid for Allied Nevada Gold Corp shares, Bloomberg reported.

The UK Treasury released a statement today detailing the British government's plans to amend existing laws that would criminalize benchmark rate rigging, Bloomberg reported.

Alamo Drafthouse Chief Executive Officer Tim League said the need to impose a ban on wearing Google Glass inside its theaters was to curb the risk of film piracy, as the wearable has a built-in camera that could be taken advantage by enterprising individuals.