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27/02/2013
FSA Launch Investigation Into Insider-Dealing Allegations
The Financial Services Authority this morning launched a series of co-ordinated raids on the homes and offices of three finance industry workers following allegations of a new insider-dealing ring.
It is understood the as-yet-unidentified men, all in the their 30s, work in the City and are all FSA accredited.
It is not yet known which company, or companies, the three men work for.
A total of six searches in the City and Greater London area were carried out by the FSA in conjunction with Metropolitan Police officers.
In a short statement, the FSA said: "No further details can be confirmed at this time and no individuals have been charged. The arrests are not linked to any other ongoing insider dealing investigation."
(H)
It is understood the as-yet-unidentified men, all in the their 30s, work in the City and are all FSA accredited.
It is not yet known which company, or companies, the three men work for.
A total of six searches in the City and Greater London area were carried out by the FSA in conjunction with Metropolitan Police officers.
In a short statement, the FSA said: "No further details can be confirmed at this time and no individuals have been charged. The arrests are not linked to any other ongoing insider dealing investigation."
(H)
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
