{"id":43614,"date":"2023-08-02T15:11:16","date_gmt":"2023-08-02T19:11:16","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/former-olympian-hit-with-second-insider-trading-charge-in-a-year\/"},"modified":"2023-08-02T15:11:18","modified_gmt":"2023-08-02T19:11:18","slug":"former-olympian-hit-with-second-insider-trading-charge-in-a-year","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=43614","title":{"rendered":"Former Olympian hit with second insider trading charge in a year"},"content":{"rendered":"
\n

A former Olympian whose mother was a muse for artist Andy Warhol, has been hit with insider trading charges for the second time in a year, the securities regulator said.\u00a0<\/p>\n

Charles \u201cRusty\u201d Holzer, had settled charges with the Securities and Exchange Commission last year over options trades he made based on insider information ahead of the acquisition of Dun & Bradstreet in 2018. Holzer agreed to pay a nearly $1-million fine and to never serve as an officer or director of a publicly-traded company.<\/p>\n

\n

Now, the SEC has filed charges against Holzer again, saying he failed to disclose when he reached last year\u2019s agreement that he had also made similar profitable trades using offshore vehicles he controlled in the Cayman Islands.<\/p>\n

The SEC says Holzer has agreed to also settle the new charges and pay fines totalling around $1.7 million.<\/p>\n

\u201cMr. Holzer is a serial insider trader whose conduct merits the stiffest penalties available to the commission,\u201d said Gurbir Grewal, director of the SEC\u2019s division of enforcement. \u201cIn this case, a fine equal to three times his illicit trading profits sends a strong deterrent message not just to Mr. Holzer, but also to others who may contemplate engaging in such conduct.\u201d<\/p>\n

An attorney for Holzer had no immediate comment.<\/p>\n

Holzer, 54, of Wellington, Fla., runs Worth Capital Holdings, a family office built around a fortune made by his late-father, real estate developer Leonard Holzer. His mother, \u201cBaby\u201d Jane Holzer, was a 1960s fashion icon and long-time friend and muse of Andy Warhol, appearing in several of his movies.<\/p>\n

Holzer competed in the 1992 summer Olympics in Barcelona in the equestrian individual jumping event for the Virgin Islands. His wife, Ashley Holzer, won a bronze medal for dressage in the 199s Olympics in Seoul, representing Canada.<\/p>\n

In April, the couple sold an oceanfront mansion in Palm Beach, Fla., for $25 million, according to the Real Deal.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A former Olympian whose mother was a muse for artist Andy Warhol, has been hit with insider trading charges for the second time in a year, the securities regulator said.\u00a0 Charles \u201cRusty\u201d Holzer, had settled charges with the Securities and Exchange Commission last year over options trades he made based on insider information ahead of […]<\/p>\n","protected":false},"author":1,"featured_media":43615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-43614","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nFormer Olympian hit with second insider trading charge in a year | iFintechWorld<\/title>\n<meta name=\"description\" content=\"A former Olympian whose mother was a muse for artist Andy Warhol, has been hit with insider trading charges for the second time in a year, the securities\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=43614\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former Olympian hit with second insider trading charge in a year | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"A former Olympian whose mother was a muse for artist Andy Warhol, has been hit with insider trading charges for the second time in a year, the securities\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=43614\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-02T19:11:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-02T19:11:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1691003477_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1279\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=43614#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=43614\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Former Olympian hit with second insider trading charge in a year\",\"datePublished\":\"2023-08-02T19:11:16+00:00\",\"dateModified\":\"2023-08-02T19:11:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=43614\"},\"wordCount\":328,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=43614#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=43614\",\"url\":\"https:\/\/ifintechworld.com\/?p=43614\",\"name\":\"Former Olympian hit with second insider trading charge in a year | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-02T19:11:16+00:00\",\"dateModified\":\"2023-08-02T19:11:18+00:00\",\"description\":\"A former Olympian whose mother was a muse for artist Andy Warhol, has been hit with insider trading charges for the second time in a year, the securities\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=43614#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=43614\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=43614#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Former Olympian hit with second insider trading charge in a year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Former Olympian hit with second insider trading charge in a year | iFintechWorld","description":"A former Olympian whose mother was a muse for artist Andy Warhol, has been hit with insider trading charges for the second time in a year, the securities","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=43614","og_locale":"en_US","og_type":"article","og_title":"Former Olympian hit with second insider trading charge in a year | iFintechWorld","og_description":"A former Olympian whose mother was a muse for artist Andy Warhol, has been hit with insider trading charges for the second time in a year, the securities","og_url":"https:\/\/ifintechworld.com\/?p=43614","og_site_name":"iFintechWorld","article_published_time":"2023-08-02T19:11:16+00:00","article_modified_time":"2023-08-02T19:11:18+00:00","og_image":[{"width":1279,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1691003477_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=43614#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=43614"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Former Olympian hit with second insider trading charge in a year","datePublished":"2023-08-02T19:11:16+00:00","dateModified":"2023-08-02T19:11:18+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=43614"},"wordCount":328,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=43614#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=43614","url":"https:\/\/ifintechworld.com\/?p=43614","name":"Former Olympian hit with second insider trading charge in a year | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-08-02T19:11:16+00:00","dateModified":"2023-08-02T19:11:18+00:00","description":"A former Olympian whose mother was a muse for artist Andy Warhol, has been hit with insider trading charges for the second time in a year, the securities","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=43614#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=43614"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=43614#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Former Olympian hit with second insider trading charge in a year"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/43614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43614"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/43614\/revisions"}],"predecessor-version":[{"id":43616,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/43614\/revisions\/43616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/43615"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}