Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Five arrested in FSA insider dealing probe

Five arrested in FSA insider dealing probe

Five individuals have been arrested in connection with an investigation into insider dealing and market abuse.

The FSA worked with police forces to execute search warrants in London, Lincolnshire, Leicestershire and North Yorkshire, leading to the arrest of two men aged 37 and 62, and three women aged 39, 51 and 63.

The individuals are currently in custody to be questioned and the FSA said none have been charged.

The watchdog added insider dealing is a criminal offence that is punishable by a fine or up to seven years imprisonment.


Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Rathbones' Smith on China's economic hegemony ambitions

Rathbones' Smith on China's economic hegemony ambitions

Discussing China's saving problem, Ed Smith argues that if the country opens up there will be an outflow of capital.

Play Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Read More
Wealth Manager on Twitter