The SEC has reportedly begun an investigation into trading in Apple (AAPL) shares “both here and abroad.”
The source of the report is almost as interesting: the news comes from Dan Dorfman, the long-time financial columnist, who now appears to be plying his trading for the Huffington Post.
Dorfman writes that he has obtained copies of SEC documents that show the Commission is looking at trading in the company’s stock over four specific time periods.
According to Dorfman, the agency is asking brokerage firms for the names of clients who bought and sold Apple shares during those four periods - and whether anyone did so with a knowledge of non-public, insider information. Dorman writes that Wall Street sources say the SEC appears focused on potential insider trading in connection with news announcements regards both iPod sales information and the health of CEO Steve Jobs.
No comment from either Apple or the SEC, Dorfman notes.
AAPL Monday is off $2.43, or 1.4%, to $167.62.