Russians and SEC working to shut down stock hacker

The ongoing case against hackers using stolen share trading accounts to manipulate stocks is seeing good co-operation between Russian businesses and the Securities and Exchange Commission (SEC).

The case against Russian firm Broco now looks to be developing into a search for a client who used the company's share dealing system to illegally manipulate stock prices on the New York Stock Exchange.

The ongoing case against hackers using stolen share trading accounts to manipulate stocks is seeing good co-operation between Russian businesses and the Securities and Exchange Commission (SEC).

The case against Russian firm Broco now looks to be developing into a search for a client who used the company's share dealing system to illegally manipulate stock prices on the New York Stock Exchange.