Convicted insider trader abandons final appeal

Former Morgan Stanley managing director Du Jun, who was convicted in Hong Kong's biggest-ever insider trading case, has withdrawn his application to appeal against the decision.

Announced by the Securities and Futures Commission on its website yesterday, the withdrawal brings to an end the watchdog's criminal proceedings against Du that had started in 2009.

via Business feed http://www.scmp.com/business/banking-finance/article/1118625/convicted-insider-trader-abandons-final-appeal