Former Banco Santander employee Cedric Cañas Maillard, an executive assistant to Banco Santander Chief Executive Alfredo Sáenz, has been charged with insider trading today by the Securities and Exchange Commission. SEC discovered additional accounts Maillard used to trade based on information he received while at Banco Santander This is the second time the SEC has charged the former assistant to the Madrid-based bank’s CEO. The SEC previously charged Cañas with committing insider trading but in recent weeks discovered additional infractions. After Cañas settled the prior case, SEC investigators continued to investigate other suspicious trades in foreign accounts and then obtained evidence a few…
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