Daily Archives: February 15, 2009, 9:08 pm

UK: FSA May Bring Unprecedented Series of Criminal Insider Trading Trials in 2009

In the UK, an unprecedented series of criminal prosecutions for insider trading is about to begin with the trial of Timothy Power, former senior executive of Belgo Group, the restaurant operator.  The Times Online reports that Power and his co-defendant Euan Carlisle face a maximum of seven years in jail if convicted of taking advantage of inside information relating to…

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