A former UBS Group AG compliance officer was charged by U.K. regulators with passing tips on five occasions to a London man who traded on the information, according to court records. Fabiana Abdel-Malek, 34, and Walid Choucair, 38, were each charged with five counts of insider dealing between June 2013 and June 2014, a court […]

Julian Rifat, a former trader at U.S. hedge fund Moore Capital, WAS handed 19 months in prison and six-figure fine for abusing sensitive market information and colluding to make illicit profits Julian Rifat and accomplice Graeme Shelley, a former broker at Novum Securities, made more than £285,000 trading on corporate capital raisings before they happened. […]

The Court of Justice of the European Union (Court) rendered on 11 March 2015 a judgment on the definition of precise information in the context of insider trading (C-628/13). The facts of the matter submitted to the Court can be summarised in a nutshell as follows: over a certain time period, a French investment company […]

Jing Wang, 51, the former Executive Vice President and President of Global Business Operations for Qualcomm Inc., today pleaded guilty to insider trading in shares of Qualcomm and Atheros Communications Inc. Wang also pleaded guilty to laundering the proceeds of his insider trading using an offshore shell company.  Assistant Attorney General Leslie R. Caldwell of […]

There has been a 40% rise in reports by businesses of potential insider dealing to the Financial Conduct Authority (FCA), according to figures compiled by regulatory consultancy Bovil. A total of 1,035 reports were made to the FCA this year, up from 739 the year before. Businesses have to make reports of any suspicious transactions […]

Confiscation order also made for £245,000 relating to insider dealing during October 2008 and March 2010. A former senior equities trader at Legal and General Investment Management has today been sentenced to two years in prison for insider trading at Southwark Crown Court. Paul Milsom disclosed inside information relating to forthcoming transactions in securities at […]