How to Make Money Trading: Hack Into SEC\, Peek at 157 Secret Earnings Reports

How to Make Money Trading: Hack Into SEC, Peek at 157 Secret Earnings Reports

According to a government complaint filed Tuesday, a hacker and his associates spent six months rooting around the SEC’s corporate-filing system

To break into the government vault containing the financial secrets of America’s largest corporations, the hackers decided to pose as a company.

Using that and an array of other routine tactics, a Ukrainian named Oleksandr Ieremenko and an associate spent six months, unnoticed, rooting around the corporate-filing system of the Securities and Exchange Commission looking for information to trade on, including unpublished earnings results, according to a government complaint filed Tuesday.

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