Saturday, March 28, 2009

Two are guilty of insider dealing


Good news! It is difficult to catch insider trading. It is important that these things are taken seriously.

Onésimo Alvarez-Moro

See article:
The Financial Services Authority (FSA) has secured its first criminal convictions for insider dealing since its foundation in 1997.

Christopher McQuoid, a solicitor, and his father-in-law, James William Melbourne were today both found guilty.

They had been charged with illegally passing and receiving sensitive financial information.

See full Article.