The Financial Services Authority (FSA) has charged four men with conspiracy to insider deal between 1 November 2006 and 23 March 2010.

04 Oct 2012

Martyn Dodgson, a senior corporate broker, Andrew Hind, Benjamin Anderson and Iraj Parvizi have been bailed to attend Westminster Magistrates’ Court on 19 October 2012.

The charges are related to the arrest of six men in March 2010 as part of an operation carried out jointly between the FSA and the Serious Organised Crime Agency.

At the time, the FSA said it believed that the city professionals had passed inside information to traders (either directly or via middlemen) who traded based on this information and have made significant profits as a result.

According to the regulator, Operation Tabernula is its largest and most complex insider dealing investigation to date and a number of individuals remain under investigation.

Read more: http://www.ifaonline.co.uk/ifaonline/news/2213541/fsa-charges-four-with-insider-dealing#ixzz28JorvzGK
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