Ex-BP employee settles SEC insider-trading case
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A former 20-year veteran of BP will pay a civil penalty to settle civil charges alleging he used non-public information during the 2010 Deepwater Horizon oil spill to commit insider-trading,
U.S. regulators said on Thursday.
The Securities and Exchange Commission said Keith A. Seilhan, who coordinated the company's cleanup efforts, will settle the case without admitting or denying the charges.
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