Democrat Party Power Broker Who's Christie Hefner's husband engaged in improper trades, says SEC

Crain's Chicago Business reports:

The husband of former Playboy Enterprises Inc. Chief Executive Christie Hefner was accused of insider trading by a U.S. regulator for buying and selling company shares based on information he learned from his wife.

In a lawsuit filed Wednesday in the U.S. District Court in Chicago, the U.S. Securities and Exchange Commission accused William Marovitz of improperly trading Playboy shares in his own brokerage accounts from 2004 to 2009 ahead of public news announcements about the company, including a potential takeover by Iconix Brand Group Inc.

Here's a look at money man William Marovitz.