by The Compliance Exchange on July 27, 2012
A British court has sentenced six men to prison for their role in a multiyear insider trading scheme. he case, which involved trades made from 2006 to 2008, was described by the Financial Services Authority, the British financial regulator, on Friday as the “longest and most complex prosecution” it had ever brought. In order to untangle this insider trading scheme, the regulator said it spent thousands of hours pursuing the case, parsing through hundreds of trades and telephone records.
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