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Browse: Home / 2010 / June / 22 / UK: FSA Chief Warns Shake-Up May Undermine Insider Dealing Enforcement

UK: FSA Chief Warns Shake-Up May Undermine Insider Dealing Enforcement

By Securities Docket on June 22, 2010, 2:34 pm

Hector Sants, the head of the UK’s Financial Services Authority, said today that the newly-announced shake-up of financial regulation in the UK could undermine the nation’s tougher approach to insider dealing and customer mistreatment.

While many expect a new agency will handle criminal insider-dealing cases along with other frauds, the FSA is lobbying to retain its dual criminal and civil jurisdiction in the area, the FT reports.

FT: FSA chief warns on insider dealing.

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Posted in Global, Top | Tagged Insider Trading, UK

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