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Browse: Home / 2016 / May / 11 / U.K. Defends Conviction Rate After $20 Million Insider-Trading Case – Bloomberg

U.K. Defends Conviction Rate After $20 Million Insider-Trading Case – Bloomberg

By Securities Docket on May 11, 2016, 10:37 am

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.

via U.K. Defends Conviction Rate After $20 Million Insider-Trading Case – Bloomberg

Posted in Global, Top | Tagged Insider Trading, UK

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