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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 WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
