Hungary’s Magyar Says Central Bank Drops Insider Trading Probe

Hungarian opposition leader Peter Magyar said the country’s central bank has dropped an investigation into his stock market trades from 2023.

The central bank — also the country’s securities regulator — fined four people for a combined 75 million forint ($226,000) for insider trading, according to a statement published Tuesday, without naming them. Cases against two further unnamed individuals were closed for lack of sufficient evidence.