The U.K. markets regulator says its most expensive insider-dealing prosecution paid off — even if three of the targets walked.
The Financial Conduct Authority spent almost 14 million pounds ($20 million) on the four-month trial and eight-year investigation, which led to the conviction of two men Monday by a London jury. That gave the FCA five convictions out of 8 men prosecuted in the case.
‘Enforcement 40’ for 2020
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