We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close
In association with

Home > Regulation > UK Regulation

FSA charges four in insider dealing investigation

Joint investigation with the Serious Organised Crime Agency yields further arrests.

By Michael Trudeau | Published Oct 01, 2012 | comments

The Financial Services Authority has charged four men with conspiracy to insider deal, claiming it is the “largest and most complex insider dealing investigation in its history”.

Martyn Dodgson, a senior corporate broker, Andrew Hind, Benjamin Anderson and Iraj Parvizi have been bailed to attend Westminster Magistrates’ Court on 19 October 2012 on charges of conspiracy to insider deal between 1 November 2006 and 23 March 2010.

The charges are a result of Operation Tabernula, a long-running joint investigation between the FSA and the Serious Organised Crime Agency.

Several other individuals are still under investigation.

Although few details are available at this time, the regulator did say these latest charges are connected to the six arrests made in March 2010, which included two senior city professionals from institutions and one city professional from a hedge fund.

The regulator has so far secured 20 convictions in relation to insider trading.

visible-status-Standard story-url-FTA fsa inside trading MT 011012.xml

COMMENT AND REACTION
Most Popular
More on FTAdviser
FTA jobs