“(Reuters) – A Goldman Sachs technology analyst is under investigation by federal authorities for leaking inside information to hedge funds, the Wall Street Journal said, citing people close to the situation.
The newspaper named the analyst as Henry King and said his activities focused on the flow of information from Taiwan to U.S. investors about the supply chain for personal-computer parts makers from Taiwan.
In recent years, technology investors have increasingly used snippets of information about the production of computer parts as an indication of how demand in the United States for computers might be shifting, in turn affecting the results of U.S. technology companies, the Journal said.
It did not give further details on the investigation.”
If you enjoy the content at iBankCoin, please follow us on Twitter
