UPDATE 2-SEC alleges insider trading ahead of CNOOC-Nexen deal
July 28, 2012 at 04:56 AM EDT
WASHINGTON, July 27 (Reuters) - The U.S. securities regulator filed a complaint in court on Friday against a firm controlled by a Chinese billionaire and other traders, accusing them of making over $13 million from insider trading ahead of a bid by China's CNOOC for Canadian oil company Nexen Inc.
