Prior to Tabernula, roughly 30 per cent of deals leaked, according the the FCA/FSA ‘market cleanliness’ stats. By 2014 this had dropped to 15.2 per cent, but a year later the rate had risen to 19 per cent — and one-in-five deals continued to leak in 2016, according to the FSA’s latest annual report.
via How far has the chilling effect on insider dealing in Britain worn off? | FT Alphaville
