Ex-Goldman Compliance Worker Sued by SEC for Insider Trading

By Patricia Hurtado and Elizabeth Dexheimer, Bloomberg News

A Goldman Sachs Group Inc. employee hired to develop surveillance systems to detect illegal behavior was sued by the SEC for allegedly helping himself to inside information and trading on it.

The U.S. Securities and Exchange Commission said Yue Han exploited his access to the firm’s information systems to make more than $468,000 using his personal trading account and that of a relative.

Han, a Chinese citizen also known as “John Han,” worked in a compliance division developing surveillance models to identify “potential risk behavior” including market manipulation and insider trading, ...