In the first operation carried out jointly between the FSA and the Serious Organised Crime Agency, on 23 March 2010 sixteen addresses were searched in London, the South East and Oxfordshire in the FSA’s largest ever operation against insider dealing. Documents and computers were seized and six men, including two senior city professionals at leading city institutions and one city professional at a hedge fund were arrested on suspicion of being involved in a sophisticated and long-running insider dealing ring. It is believed that the city professionals passed inside information to traders who traded based on this information and have made significant profits as a result. A seventh individual was arrested on 24 March 2010.
View Six arrested in FSA and SOCA insider dealing investigation, 23 March 2010
View Seventh individual arrested in FSA and SOCA insider dealing investigation, 24 March 2010
