The SEC charged six individuals for conspiring to execute trade securities using confidential information from companies including Intel, Google and Advanced Micro Devices, the SEC said in a . Some of the non-public information shared between the individuals related to corporate earnings or takeover activity at companies, SEC said.

Executives charged included Robert Moffatt, senior vice president and executive in IBM's systems and technology group, and Rajiv Goel, who is Intel treasury's managing director of investments. The SEC filed a complaint in the U.S. District Court for the Southern District of New York.

Moffatt and Goel allegedly provided insider information about companies including Sun Microsystems and Intel.

Other individuals charged include Raj Rajaratnam, a portfolio manager with hedge fund Galleon Group, who gained close to $25 million in illegal profits, according to the SEC. Rajaratnam is considered the 559th richest man in the world . Others charged in the complaint include Anil Kumar, a director at McKinsey, and Danielle Chiesi and Mark Kurland of New Castle Funds.